Explain the given lp problem to maximize the revenue


Explain the given LP problem to maximize the revenue using Excel Solver.

Woodco manufactures tables as well as chairs. Each table as well as chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak as well as 210 board feet of pine are available. A table needs either 17 board feet of oak or 30 board feet of pine, and a chair requires either 5 board feet of oak or 13 board feet of pine. Each table can be sold for $40, and each chair for $15. Conclude how Woodco can maximize its revenue.

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Basic Statistics: Explain the given lp problem to maximize the revenue
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