Southland Furniture CaseEve Bowman is the manager of Southland Furniture store, and she is planning a NewYear
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Southland Furniture CaseEve Bowman is the manager of Southland Furniture store, and she is planning a NewYears Day sale. The store has only square feet of space available to display and stockthis merchandise. During this sale, each folding table costs $ retails for $ and takesup square feet of space. Each chair costs $ retails for $ and takes up square foot ofspace. The maximum amount allocated for purchasing the tables and chairs for sale is$ Eve doesnt think that she can sell more than chairs, but the demand for tables isvirtually unlimited. Eve has asked you to help her determine how many tables and chairsshe should purchase in order to make the most profit.To complete this task:
Create a workbook named Southland. Include a Documentation sheet.
Design an Order sheet to determine the product mix to maximize Eves profit. Donot include formulas to calculate unused resources on this sheet you must be ableto determine these values from the answer report Include a Per Unit DataSection: price cost etc.; Include a summary area; Include a ConstraintsLimitations area. and use cell references in the solver constraints.
Use solver to find a solution and save the answer report.
Save your model to a blank area on the Order sheet and label the areaappropriately.
Save and close
Southland Notes:
Do not type values in the solver set up use cell references. Remember to takecare of the negative number constraint.
Use your cost accounting concepts
Use excel to solve problem. Please answer ASAP
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
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