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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 3 hours of carpentry work and 2 hours of painting work. Each chair requires 4 hours
of carpentry and 1 hour of painting. During the current month, 2,400 hours of carpentry
time and 1,000 hours of painting time are available. The marketing department wants Flair
to make no more than 450 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 100 tables this month. Each table sold results in a
profit contribution of $7, and each chair sold yields a profit contribution of $5.
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
T : Number (amount) of tables to be produced
C : Number (amount) of chairs to be produced
Maximize profit =$7T+$5C
Subject to
3T+4C2,400(carpentry time)
2T+1C1,000(painting time)
C450(maximum chairs allowed)
T100(minimum tables required)
T,C0(nonnegativity) Graphical Representation
**************How we find the values on Optimal corner point ( t:320 and c:360)**********
image text in transcribed

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