A Production Problem. Wood Walker owns a small furniture shop. He makes three different styles of...
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A Production Problem. Wood Walker owns a small furniture shop. He makes three different styles of tables: A, B, C. Each table requires a certain amount of time for cutting component parts, for assembling, and for painting. Wood can sell all the units he makes. Furthermore, model C may be sold without painting. Wood employs several individuals who work on a part-time basis, so the time available for each of these activities varies from week to week. Use the data below to formulate an LP model that will help Wood determine the product mix that will maximize his profit next week. CUTTING ASSEMBLING PAINTING PROFIT PER MODEL TABLE ($) (hrs) (hrs) (hrs) 25 A 3 4 B 20 50 4 4 Unpainted C 4 30 200 300 Capacity 150 A Production Problem. Wood Walker owns a small furniture shop. He makes three different styles of tables: A, B, C. Each table requires a certain amount of time for cutting component parts, for assembling, and for painting. Wood can sell all the units he makes. Furthermore, model C may be sold without painting. Wood employs several individuals who work on a part-time basis, so the time available for each of these activities varies from week to week. Use the data below to formulate an LP model that will help Wood determine the product mix that will maximize his profit next week. CUTTING ASSEMBLING PAINTING PROFIT PER MODEL TABLE ($) (hrs) (hrs) (hrs) 25 A 3 4 B 20 50 4 4 Unpainted C 4 30 200 300 Capacity 150
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Related Book For
Managerial Decision Modeling with Spreadsheets
ISBN: 978-0136115830
3rd edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
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