Answer to Question #133442 in Management for Keerstine

Question

Rico is a newly hired operations manager of Wood Industries. He is yet to understand how things work in his new employment. For the month of September, his boss asked him to make a production budget schedule with the following data:

Requirements Chair Table
Wood Board 2 pieces 3 pieces
Wood Sticks 4 pieces 7 pieces
Nails 13 pieces 10 pieces
Paint 1/2 can 1 can


Each unit of chair would sell for P 259.00, while each unit of table would sell for P 330.00. Available resources are as follows:



Item Quantity Available
Wood Board 155 pieces
Wood Sticks 343 pieces
Nails 694 pieces
Paint 47 cans


Guide Questions:

What is the objective function?
What are the constraint functions?
How many chairs must be produced? Show your solutions.
How many tables must be produced? Show your solutions.
How much is the maximum revenue the Wood Industries could earn?

Answer 1

Dear Keerstine, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order