Question

In: Statistics and Probability

A furniture company is producing three types of furniture. Product A requires 7 board feet of...

A furniture company is producing three types of furniture. Product A requires 7 board feet of wood and 4 lbs of wicker. Product B requires 5 board feet of wood and 5 lbs of wicker. Product C requires 4 board feet of wood and 3 lbs of wicker. There are 3000 board feet of wood available for product and 1400 lbs of wicker. Product A earns a profit margin of $35 a unit, Product B earns a profit margin of $42 a unit, and Product C earns a profit margin of $20 a unit.

Formulate the problem as a linear program.

Solutions

Expert Solution

So with the help of solver we can say that at A =350 and B,C =0 we can achieve maximum profit of 12250.

Please revert back in case of any doubt.

Please upvote. Thanks in advance.

orchestra answered 1 year ago
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