Please use excel for this problemA furniture manufacturer produces two types of tables – country and contemporary – using three types of machines. The time required to produce the tables on each machine is given in the following table: MachineCountryContemporaryTotal Machine TimeAvailable Per WeekRouter3.54.01,000Sander4.56.52,000Polisher3.02.01,500 Country tables sell for $395 and contemporary tables sell for $515. Management has determined that at least 25% of the tables made should be country and at least 38% should be contemporary. How many of each type of table should the company manufacture if it wants to maximize its revenue?Formulate an LP model for this problemCreate the spreadsheet model and use Solver to solve the problem.

Objective Functions and Constraints: Based on the given details, the objective…

Answered: A furniture manufacturer produces two…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Please use excel for this problem

A furniture manufacturer produces two types of tables – country and contemporary – using three types of machines. The time required to produce the tables on each machine is given in the following table:

Machine	Country	Contemporary	Total Machine Time Available Per Week
Router	3.5	4.0	1,000
Sander	4.5	6.5	2,000
Polisher	3.0	2.0	1,500

Country tables sell for $395 and contemporary tables sell for $515. Management has determined that at least 25% of the tables made should be country and at least 38% should be contemporary. How many of each type of table should the company manufacture if it wants to maximize its revenue?