PROBLEM 1 Izzy Furniture Shop manufactures tables and chairs. All of its tables and chairs pass through two departments, namely, Department 1 and Department 2. In one production period, Department 1 and Department 2 have total available hours of 120 and 96, respectively. The production of one table requires 3 hours in Department 1 and 6 hours in Department 2. Similarly, producing one chair requires 6 hours in Department 1 and 3 hours in Department 2. The contribution margin or profit of one table is P30.00 and that of a chair is P24.00. Required. Using the simplex method, determine the optimal solution. Complete the required information below. Tables are provided with extra columns and rows. Solution: Improved objective function: Max profit: Converted constraints: Table 1. Initial Table S Product Solution quantity Z C - Z, The incoming variable: The outgoing variable: QuotientTable 2. First Iteration Product Solution quantity Z S - Z . The incoming variable: The outgoing variable: Pivot Value Quotient Product Solution Quantity Table 3. Second Iteration Product Solution quantity Z C - Z Recommendation