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The Pine Furniture Company makes fine country furniture. The company s current product lines consist of end tables, coffee tables, and dining room tables. The

The Pine Furniture Company makes fine country furniture. The companys current product lines consist of end tables, coffee tables, and dining room tables. The production of each of these tables requires 8,15, and 80 pounds of pine wood, respectively. The tables are handmade and require one hour, two hours, and four hours, respectively. Each table sold generates $50, $100, and $220 profit, respectively. The company has 2,800 pounds of pine wood and 180 hours of labor available for the coming weeks production. The chief operating officer (COO) has asked you to do some spreadsheet modeling with these data to analyze what the product mix should be for the coming week and make a recommendation.
Click here for the Excel Data File
Build a spreadsheet model and then solve it.
What should be the product mix for the coming week?
Determine the total profit.The Pine Furniture Company makes fine country furniture. The company's current product lines consist of end tables, coffee tables,
and dining room tables. The production of each of these tables requires 8,15, and 80 pounds of pine wood, respectively. The tables
are handmade and require one hour, two hours, and four hours, respectively. Each table sold generates $50, $100, and $220 profit,
respectively. The company has 2,800 pounds of pine wood and 180 hours of labor available for the coming week's production. The
chief operating officer (COO) has asked you to do some spreadsheet modeling with these data to analyze what the product mix should
be for the coming week and make a recommendation.
Click here for the Excel Data File
Build a spreadsheet model and then solve it.
a. What should be the product mix for the coming week?
b. Determine the total profit.
Complete this question by entering your answers in the tabs below.
Required A
What should be the product mix for the coming week?
Note: Leave no cells blank. Enter zero (0) whenever required.
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