Question: Learning objectives: When you complete this assignment, you should be able to: Formulate objective function and constraints for the given problem Perform Linear programming in
Learning objectives:
When you complete this assignment, you should be able to:
Formulate objective function and constraints for the given problem
Perform Linear programming in Excel Spreadsheet
Jati Furniture is a manufacturer of fine handcrafted furniture using Jati wood. During the next production period,
management is considering producing products; dining room tables, dining room chairs, andor bookcases. The
time required for each item to go through the two stages of production assembly and finishing the amount of
wood required fine cherry wood and the corresponding unit profits are given in the following table, along with the
amount of each resource available in the upcoming production period.
Table : Required resources and profit for each product
Formulate the objective functions and constraints
Use Excel Spreadsheet to determine the breakdown of each products and the expected profit.
Use Excel Spreadsheet to perform the sensitivity analysis. Comments on the following scenarios:
a What would be the impact to the profit and optimal production quantities if the profit for selling tables
increases by $
b A worker in the assembly department calls in sick that reduces the total available hours by How
would this impact the profit and optimal production quantities?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
