SOLUTION: A manufacturer of wooden articles produces tables and chairs which require two types of inputs mainly, the being wood and labour. The manufacturer knows that for a table 3 units of
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Question 1155268: A manufacturer of wooden articles produces tables and chairs which require two types of inputs mainly, the being wood and labour. The manufacturer knows that for a table 3 units of wood and 1 unit of labour are required while for a chair they are 2 units each. The profit from each table is 20 USD while it is 16 USD for each chair. The total available resources for the manufacture are 150 units of wood and 75 units of labour. The minimum demand for chairs is 10 and the minimum demand for tables is 8. The manufacturer wants to maximize his profit by distributing his resources for tables and chairs. Formulate the problem mathematically. Answer by ikleyn(52788) (Show Source):
