A furniture company produces 5 different products (A,B, C, D, and E). Each product requires...
80.2K
Verified Solution
Link Copied!
Question
Finance
A furniture company produces 5 different products (A,B, C, D, and E). Each product requires certain amount of linear wood, glue, stain, and production hours. The detailed requirement can be found in the table below. In addition, top management believes in diversification and requires you to produce at least one of each product.
| Table 1 | ||||||
|
| A | B | C | D | E | Resource availability (per week) |
| Wood (linear m.) | 11 | 17 | 5 | 12 | 21 | 150 |
| Glue (liters) | 2 | 3 | 1 | 4 | 6 | 50 |
| Staining (liters) | 3 | 1 | 1 | 6 | 8 | 30 |
| Working hours | 3 | 4 | 2 | 5 | 6 | 40 |
| Profit ($) | 40 | 70 | 30 | 80 | 100 |
|
- What is the optimal manufacturing strategy?
- What is the total profit of you proposed strategy?
For this problem consider a possibility to obtain a decimal solution since production can start this week and end during the next one.
show all work.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.