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
icon
Related questions
Question

example 7b. please show solution

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).
Transcribed Image Text: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).
Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,