Each coffee table produced by Kevin Watson Designers nets the firm a profit of $10. Each bookcase yields a $12 profit. Watson's firm is small and its resources limited. During any given production period (of 1 week), 10 gallons of varnish and 14 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1 gallon of varnish and 2 lengths of wood. The aim of the objective function for Kevin should be to Maximize the objective value. The optimum solution is: Number of coffee tables produced per week = (round your response to two decimal places).
Each coffee table produced by Kevin Watson Designers nets the firm a profit of $10. Each bookcase yields a $12 profit. Watson's firm is small and its resources limited. During any given production period (of 1 week), 10 gallons of varnish and 14 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1 gallon of varnish and 2 lengths of wood. The aim of the objective function for Kevin should be to Maximize the objective value. The optimum solution is: Number of coffee tables produced per week = (round your response to two decimal places).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter6: Optimization Models With Integer Variables
Section6.6: Cutting Stock Models
Problem 38P
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