A formulate a linear programming model for this problem b


The Hickory Cabinet and Furniture Company produces sofas, tables, and chairs at its plant in Greensboro, North Carolina.  The plant uses three main resources to make furniture - wood, upholstery, and labor. The resource requirements for each piece of furniture and the total resources available weekly are as follows:

 

Resource Requirements

 

Wood (board ft.)

Upholstery (yd.)

Labor (hr.)

Sofa

7

12

6

Table

5

--

9

Chair

4

7

5

Total available resources

2,250

1,000

240

 

 

 

 

The furniture is produced on a weekly basis and stored in a warehouse until the end of the week, when it is shipped out.  The warehouse has a total capacity of 650 pieces of furniture.  Each sofa earns $400 in profit, each table $275, and each chair, $190.  The company wants to know how many pieces of each type of furniture to make per week to maximize profit.

a. Formulate a linear programming model for this problem

b. Solve the model by using the computer.

Solution Preview :

Prepared by a verified Expert
Finance Basics: A formulate a linear programming model for this problem b
Reference No:- TGS01417710

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)