Question: Each coffee table produced by Kevin Watson Designers nets the firm a profit of $10. Each bookcase yields a $12 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 $12 profit. Watson's firm is small and its resources limited. During any given production period (of 1 week), 10 gallons of varnish and 14 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1gallon of varnish and 2 lengths of wood.
A. The aim of the objective function for Kevin should be to Maximize the objective value.
Decision variables:
X = number of coffee tables produced / week
Y = number of bookcases produced / week
B.
Objective function:
| Z= | 1010X+1212Y |
Subject to:
| 1X+1Y | less than or equals 10 | (C1) |
| 1X+2Y | less than or equals 14 | (C2) |
Part 6
| X, Y 0 |
Make a graph and plot all the corner points for the feasible area.
THE PART I NEED HELP WITH
The optimum solution is:
X=_____
Y = _____
(round your response to two decimal places).
Optimal solution value Z = _____(round your response to two decimal places).
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