Question: Each coffee table produced by Kevin Watson Designers nets the firm a profit of $10. Each bookcase yields a $6 profit. Watson's firm is small
Each coffee table produced by Kevin Watson Designers nets the firm a profit of $10. Each bookcase yields a $6 profit. Watson's firm is small and its resources limited. During any given production period (of 1week), 8 gallons of varnish and 12 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1 gallon of varnish and 2 lengths of wood.
The aim of the objective function for Kevin should be to Maximize/Minimize the objective value.
Decision variables:
X = number of coffee tables produced / week
Y = number of bookcases produced / week
Objective function:
Z= ?x + ?y
Subject to:
1x + 1y ? 8
1x +2y ? 12
On the graph on right, constraints C1 and C2 have been plotted.
Using the point drawing tool, plot all the corner points for the feasible area.
The optimum solution is:
X = (round your response to two decimal places).
Y = (round your response to two decimal places).
Optimal solution value Z = (round your response to two decimal places).
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