Question:
The Pinewood Furniture Company produces chairs and tables
Last updated: 2/13/2023
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 2 X1 3 X2 12 hrs labor 4 X1 2 X2 16 lbs wood X1 3 chairs per day Xi 0