Question: Problem 3 ( Adapted from Winston, 2 0 0 4 ) : FurnCo produces chairs and tables and must meet the following demands over the

Problem 3(Adapted from Winston, 2004): FurnCo produces chairs and tables and must meet the
following demands over the next three months: month 1-15 chairs, 5 tables; month 2-20 chairs, 15
tables; month 3-10 chairs, 20 tables. It requires 2 labor hours to produce a chair and 5 labor hours to
produce a table. During each of the next three months, at most 100 labor hours are available for
production; however up to 50 additional labor hours can be acquired in each month for a cost of
$10? hour. The per-unit production costs for chairs and tables differ by month and are given in the
following table:
Initially, there is no product in inventory. A holding cost of $5 per chair and $15 per table is assessed on
product in inventory at the end of months 1 and 2.
Part a: Formulate a linear program to meet FurnCo's demand at minimum cost.
Part b: Solve the problem using AMPL/CPLEX and report the obtained optimal solution. Attach the text
of your model file and AMPL session.
 Problem 3(Adapted from Winston, 2004): FurnCo produces chairs and tables and

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