Question: The Jacobsons in Problem 24 have been approached by a
The Jacobsons in Problem 24 have been approached by a home furnishings company that needs a wooden stool for its catalog. The company has asked the Jacobsons to produce a batch of 20 wooden stools, and the Jacobsons would realize a profit of $65 for each stool. A stool will require 4 board feet of wood and 5 hours to produce. Formulate and solve an integer programming model to help the Jacobsons determine whether they should also produce the stools.
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