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A furniture company manufactures desks and chairs. Each desk uses four units of wood, and each chair uses three units of wood. A desk contributes
A furniture company manufactures desks and chairs. Each desk uses four units of wood, and each chair uses three units of wood. A desk contributes $ to profit, and a chair contributes $ Marketing restrictions require that the number of chairs produced be at least twice the number of desks produced. There are units of wood available. Use SolverTable to see what happens to the decision variables and the total profit when the availability of wood varies from to in unit increments. Based on your findings, how much would the company be willing to pay for each extra unit of wood over its current units? How much profit would the company lose if it lost any of its current units? Provide step by step instruction in excel
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