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11 Each coffee table produced by Kevin Watson Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. Watson's firm is small and...
B.11 Each coffee table produced by Kevin Watson
Designers nets the firm a profit of $9. Each bookcase yields a $12
profit. Watson's firm is small and its resources limited. During
any given production period (of 1 week), 10 gallons of varnish
and 12 lengths of high-quality redwood are available. Each coffee
table requires approximately 1 gallon of varnish and 1 length of
redwood. Each bookcase takes 1 gallon of varnish and 2 lengths
of wood.
Formulate Watson's production-mix decision as a linear
programming problem, and solve. How many tables and bookcases
should be produced each week? What will the maximum
profit be? PX