.The Pinewood Furniture Company produces chairs and tables from two resources-labor and wood. The company has 12 hours of labor and 16 pounds of wood available each day. Demand for chairs is limited to 3 per day. Each chair requires 2 hours of labor and 4 pounds of wood to produce, while a table requires 3 hours of labor and 2 pounds of wood. The profit derived from each chair is $40 and from each table, $33. The company wants to determine the number of chairs and tables to produce each day to maximize profit. (10 points) X1 # of chairs, X2 # of tables Max Z = $40 X1+$33 X2 2X1+3X2