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Each coffee table produced by Kevin Watson Designers nets the firm a profit of $10. Each bookcase yields a $15 profit. W
Posted: Mon May 30, 2022 5:14 pm
by answerhappygod
- Each Coffee Table Produced By Kevin Watson Designers Nets The Firm A Profit Of 10 Each Bookcase Yields A 15 Profit W 1 (35.94 KiB) Viewed 26 times
Each coffee table produced by Kevin Watson Designers nets the firm a profit of $10. Each bookcase yields a $15 profit. Watson's firm is small and its resources limited. During any given production period (of 1 week), 9 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. The aim of the objective function for Kevin should be to Maximize the objective value. Decision variables: X = number of coffee tables produced / week Y = number of bookcases produced /week Objective function: Z=x+Y