Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A carpenter produces chairs, tables, and windows. The following information is provided: 1. Cost of production per unit of chairs, tables, and windows is

A carpenter produces chairs, tables, and windows. The following information is provided: 1. Cost of production per unit of chairs, tables, and windows is 2, 4, and 6 respectively, and can be sold at 7, 10, and 12, respectively. 2. Weekly demand on chairs, tables, and windows is expected to not exceed 400, 200, and 100, respectively. 3. Production of the three products requires wood, metal sheets and paint. The following table shows the unit requirement of each of the three materials needed and the availability of each. Wood Metal Sheets Paint Chairs 2 1 3 Tables 3 . 5 Windows 7 1 10 4. Production of tables may not exceed twice the units produced of chairs. 5. Total production budget is expected to be 10,000 Pounds every week. Weekly availability 1000 400 2000 Formulate the linear programming model to determine the number of units to produce of the three products such that the net profit is maximized.

Step by Step Solution

3.45 Rating (152 Votes )

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting A Critical Approach

Authors: John Friedlan

4th edition

1259066525, 978-1259066528

More Books

Students also viewed these Finance questions