In: Finance
Part 2 of 5 - Part 2 The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. During the next production cycle, 1,200 hours of labor are available under a union agreement. The firm also has a stock of 3,500 feet of good-quality redwood. Each bench that Outdoor Furniture produces requires 4 labor hours and 10 feet of redwood; each picnic table takes 6 labor hours and 35 feet of redwood. Completed benches will yield a profit of $9 each, and tables will result in a profit of $20 each.
Question 5 of 11
10.0 Points
The optimal production of benches is ______________ and the optimal production of tables is_____________ . (Please only enter an integer and include no units. Hint: Because of the resource constraints, you may not be able to produce 4 tables even if the solution is 3.8; you may have to just produce 3 tables.)
Number of. | labor per unit | Labor | Raw material per unit | Raw material | profit per unit | Profit | |
Benches | 262.5 | 4 | 1050 | 10 | 2625 | 9 | 2362.5 |
Picnic table | 25 | 6 | 150 | 35 | 875 | 20 | 500 |
Max available: | 1200 | 3500 | 2862.5 |
he optimal production of benches is 262
optimal production of tables is 25