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Can someone please help me with these two questions, Thank you in advance. 8. A wood-carving company has to decide how many chairs and stools

Can someone please help me with these two questions, Thank you in advance.

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8. A wood-carving company has to decide how many chairs and stools have to be produced to max- imize profit. Demand for chairs is x, = 3,000 - 18.7p, where p, is the price for x. Demand for stools is x2 = 3,100 - 39.8p2, where p2, is the price for boots. The constraints for the model are as follows: C1 = 2.2x, + 2.5x2 = 8,200 (paint) (2 = 5.3x] + 3.7x2 = 5,000 (cloth) (3 = 4.5x1 + 8.2x2 = 14,600 (wood) Use Exhibit 10.9 and Excel Solver to solve this model to maximize the company's total profit. 9. A luggage manufacturer has to decide how many suitcases and duffel bags have to be produced to maximize profit. Demand for chairs is x, = 3,000 - 18.7p, where p, is the price for x1. Demand for stools is x, = 3,100 - 39.8p, where p, is the price for boots. The constraints for the model are as follows: C = 1.2x, + 0.5x2 = 3,000 (metal) ( = 0.3x, + 5.7x2 = 2,000 (cloth) " = 3.5x, + 1.2x2 = 12,000 (plastic) Use Exhibit 10.9 and Excel Solver to solve this model to maximize the company's total profit

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