The Pinewood Furniture Company produces chairs and tables from two resources: labor and wood.
The company has 145 hours of labor and 100 board-ft. of wood available each day. Demand for tables is limited to 8 per day. Each chair requires 3 hours of labor and 4 board-ft. of wood, whereas a table requires 22 hours of labor and 9 board-ft. of wood. The profit derived from each chair is $100 and from each table is $500. The company wants to determine the number of chairs and tables to produce each day in order to maximize profit.
The correct linear programming model formulation of this problem is:
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