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Question 2 : Seat and Greet manufactures couches and love seats. Each couch contributes $ 8 5 0 to profit and each love seat, $

Question 2:
Seat and Greet manufactures couches and love seats. Each couch contributes $850 to profit and each love seat,
$650. The resource requirements (square feet of fabric, cubic feet of stuffing, and number or workers to complete
an item in one day) and availability are shown in the table below. Marketing considerations dictate that at least 50
couches and at least 40 love seats be produced.
Part A: Formulate the problem as a Linear Program.
Part B: Solve the LP (provide exact values for all variables and the optimal objective function).
Hint: The optimal objective function value is $70,450
[Note, I am providing this hint because having the optimal solution is necessary to do Part C.]
Part C: Answer the following questions from your output. (Note, do not simply rerun the model-use the Linear
Programming output and Sensitivity Analysis to explain your answers.)
i) If couches contributed $1,000 to profit, what would be the new optimal solution to the problem (decision
variables and objective function)?
ii) What is the most that Seat and Greet should be willing to pay for an extra cubic foot of stuffing?
iii) If Seat and Greet were required to produce at least 45 couches, what would their profit be?
iv) Seat and Greet is considering producing reclining chairs. A reclining chair contributes $500 to profit and
requires 30 square feet of fabric, 15 cubic feet of stuffing, and 2 workers to produce a chair in one day. Should Seat
and Greet produce any reclining chairs? Again, do not rerun the model.
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