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Linear Programming Example: Flair Furniture Company Flair Furniture Company produces inexpensive tables and chairs. The production process for each is similar in that both require
Linear Programming Example: Flair Furniture Company
Flair Furniture Company produces inexpensive tables and chairs. The production process
for each is similar in that both require a certain number of labor hours in the carpentry
department and a certain number of labor hours in the painting department. Each table
takes hours of carpentry work and hours of painting work. Each chair requires hours
of carpentry and hour of painting. During the current month, hours of carpentry
time and hours of painting time are available. The marketing department wants Flair
to make no more than new chairs this month because there is a sizable existing inven
tory of chairs. However, because the existing inventory of tables is low, the marketing
department wants Flair to make at least tables this month. Each table sold results in a
profit contribution of $ and each chair sold yields a profit contribution of $
Flair Furniture's problem is to determine the best possible combination of tables and
chairs to manufacture this month in order to attain the maximum profit. The firm would
like this product mix situation formulated and subsequently solved as an LP problem. Flair Furniture
: Number amount of tables to be produced
: Number amount of chairs to be produced
Maximize profit $$
Subject
time
time
chairs allowed
tables required
Graphical Representation
How we find the values on Optimal corner point t: and c:
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