Solved

Jones Furniture Company Produces Beds and Desks for College Students

Question 13

Short Answer

Jones Furniture Company produces beds and desks for college students. The production process requires carpentry and varnishing. Each bed requires 6 hours of carpentry and 4 hour of varnishing. Each desk requires 4 hours of carpentry and 8 hours of varnishing. There are 36 hours of carpentry time and 40 hours of varnishing time available. Beds generate $30 of profit and desks generate $40 of profit. Demand for desks is limited so at most 8 will be produced.How much can the price of Desks drop before it is no longer profitable to produce them? Base your response on the following Risk Solver Platform (RSP) sensitivity output.
Jones Furniture Company produces beds and desks for college students. The production process requires carpentry and varnishing. Each bed requires 6 hours of carpentry and 4 hour of varnishing. Each desk requires 4 hours of carpentry and 8 hours of varnishing. There are 36 hours of carpentry time and 40 hours of varnishing time available. Beds generate $30 of profit and desks generate $40 of profit. Demand for desks is limited so at most 8 will be produced.How much can the price of Desks drop before it is no longer profitable to produce them? Base your response on the following Risk Solver Platform (RSP) sensitivity output.    The LP model for the problem is     The LP model for the problem is
Jones Furniture Company produces beds and desks for college students. The production process requires carpentry and varnishing. Each bed requires 6 hours of carpentry and 4 hour of varnishing. Each desk requires 4 hours of carpentry and 8 hours of varnishing. There are 36 hours of carpentry time and 40 hours of varnishing time available. Beds generate $30 of profit and desks generate $40 of profit. Demand for desks is limited so at most 8 will be produced.How much can the price of Desks drop before it is no longer profitable to produce them? Base your response on the following Risk Solver Platform (RSP) sensitivity output.    The LP model for the problem is     Jones Furniture Company produces beds and desks for college students. The production process requires carpentry and varnishing. Each bed requires 6 hours of carpentry and 4 hour of varnishing. Each desk requires 4 hours of carpentry and 8 hours of varnishing. There are 36 hours of carpentry time and 40 hours of varnishing time available. Beds generate $30 of profit and desks generate $40 of profit. Demand for desks is limited so at most 8 will be produced.How much can the price of Desks drop before it is no longer profitable to produce them? Base your response on the following Risk Solver Platform (RSP) sensitivity output.    The LP model for the problem is

Correct Answer:

verifed

Verified

The allowa...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions