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Your Lego furniture company makes Tables and Chairs. Below, you are given the starting inventory, selling price, and Bill of Materials (recipe, or construction requirements). You are to determine the number of Tables and Chairs to be built to maximize revenue. You must make 5 or more chairs for every table. Your answer will be the number of small pieces of wood by your production plan. (The number of tables and chairs must be a whole number.) Use Scenario 4 Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5 Large wood per Table 6 4 6. Small wood per Table 6 2 4 4 1 Large wood Chair 2 2 3 1 1 per Small wood per Chair 4 4 4 6. Revenue per Table $35 $42 $88 $75 $95 Revenue per Chair $29 $29 $45 $33 $49 Large wood inventory 300 400 880 665 900 Small wood inventory 500 500 775 1.400 1,000

Your Lego furniture company makes Tables and Chairs. Below, you are given the starting inventory, selling price, and Bill of Materials (recipe, or construction requirements). You are to determine the number of Tables and Chairs to be built to maximize revenue. You must make 5 or more chairs for every table. Your answer will be the number of small pieces of wood by your production plan. (The number of tables and chairs must be a whole number.) Use Scenario 4 Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5 Large wood per Table 6 4 6. Small wood per Table 6 2 4 4 1 Large wood Chair 2 2 3 1 1 per Small wood per Chair 4 4 4 6. Revenue per Table $35 $42 $88 $75 $95 Revenue per Chair $29 $29 $45 $33 $49 Large wood inventory 300 400 880 665 900 Small wood inventory 500 500 775 1.400 1,000

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter6: Optimization Models With Integer Variables
Section: Chapter Questions
Problem 70P
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Your Lego furniture company makes Tables and Chairs. Below, you are given the starting inventory, selling price, and Bill of Materials (recipe, or construction requirements). You are to determine the number of Tables and Chairs to be built to maximize revenue. You must make 5 or more chairs for every table. Your answer will be the number of small pieces of wood by your production plan. (The number of tables and chairs must be a whole number.) Use Scenario 4 Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5 Large wood per Table 6 6. Small wood per Table 6 4 4 1 Large wood per Chair 2 2 3 1 1 Small wood per Chair 4 4 15 4 Revenue per Table $35 $42 $88 $75 $95 Revenue per Chair $29 $29 $45 $33 $49 Large wood inventory 300 400 880 665 900 Small wood inventory 500 500 775 1,400 1,000
Transcribed Image Text:Your Lego furniture company makes Tables and Chairs. Below, you are given the starting inventory, selling price, and Bill of Materials (recipe, or construction requirements). You are to determine the number of Tables and Chairs to be built to maximize revenue. You must make 5 or more chairs for every table. Your answer will be the number of small pieces of wood by your production plan. (The number of tables and chairs must be a whole number.) Use Scenario 4 Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5 Large wood per Table 6 6. Small wood per Table 6 4 4 1 Large wood per Chair 2 2 3 1 1 Small wood per Chair 4 4 15 4 Revenue per Table $35 $42 $88 $75 $95 Revenue per Chair $29 $29 $45 $33 $49 Large wood inventory 300 400 880 665 900 Small wood inventory 500 500 775 1,400 1,000
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