Question: Formulate and solve a Linear Program for the following problem: A company makes both wooden tables and chairs which each require cutting machine time and
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Formulate and solve a Linear Program for the following problem:
A company makes both wooden tables and chairs which each require cutting machine time and sanding machine time (both in minutes) to be created. Once created they retail for the costs shown in the table. There are only 68 hours of cutting machine time and 96 hours of sanding machine time available. Also, they are sold in sets of four chairs to one table so any made over that ratio would go unsold.
Cutting Sanding Retail Chair 12 15 12 Table 27 60 42 1. 42 tables, 168 chairs
2. 50 tables, 200 chairs
3. 37 tables, 149 chairs
4. 48 Tables, 192 chairs
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in Question 1, what is the limiting factor for how many tables and chairs sets can be made?
1. Cutting time available
2. Sanding time available
3. The ratio of tables to chairs
4. Revenue gained from tables
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From Question 1, what is the maximum profit that can currently be achieved?
1. $2,340
2. $4,320
3. $2,430
4. $4,230
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