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book Introduction to Management Science 12th Edition by Bernard Taylor cover

Introduction to Management Science 12th Edition by Bernard Taylor

Edition 12ISBN: 978-0133778847
book Introduction to Management Science 12th Edition by Bernard Taylor cover

Introduction to Management Science 12th Edition by Bernard Taylor

Edition 12ISBN: 978-0133778847
Exercise 7
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:
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:    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. 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.
Explanation
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Linear programming is used to develop th...

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Introduction to Management Science 12th Edition by Bernard Taylor
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