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5. The Pinewood Furniture Company produces chairs and tables from two resourceslabor and wood. The company has 80 hours of labor and 36 board-ft. of

5. The Pinewood Furniture Company produces chairs and tables from two resourceslabor and wood. The company has 80 hours of labor and 36 board-ft. of wood available each day. Demand for chairs is limited to 6 per day. Each chair requires 8 hours of labor and 2 board-ft. of wood, whereas a table requires 10 hours of labor and 6 board-ft. of wood. The profit derived from each chair is $400 and from each table, $100. The company wants to determine the number of chairs and tables to produce each day to maximize profit.

a. Formulate a linear programming model for this problem.

b. Solve this model by using graphical analysis.

Taylor, Bernard W., III. Introduction to Management Science (What's New in Operations Management) (p. 64). Pearson Education. Kindle Edition.

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