The Pinewood Furniture Company produces chairs and tables from two resources, labor and wood. The company...

The Pinewood Furniture Company produces chairs and tables from two resources, labor and wood. The company has 80 hours of labor and 36 pounds of wood available each day. Demand for chairs is limited to six per day. Each chair requires 8 hours of labor and 2 pounds of wood to produce, while a table requires 10 hours of labor and 6 pounds of wood. The profit derived from each chair is $400 and from each table, $100. The company wants to determine the number of chairs and tables to produce each day in order to maximize profit.

Formulate a linear programming model for this problem.
Solve the model using graphical analysis.

Expert Solution

venereology answered 1 month ago

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