CSto searchYour Lego furniture company makes Tables and Chairs. Below, you are given the startinginventory, selling price, and Bill of Materials (recipe, or construction requirements). Youare to determine the number of Tables and Chairs to be built to maximize revenue.Your answer will be the amount of small wood pieces used by your production plan -rounded to the nearest whole dollar. (The number of tables and chairs must be a wholenumber.)Use Scenario 5Large wood per Table 1Small wood per Table 3Large wood per Chair 1Small wood per Chair 4Revenue per Table $27Revenue per Chair $17Large wood inventory 85Small wood inventory 80OScenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5225322214Et$23$1690503₂.3$29$1910050323334$18$21801306$48$4320019085°F^(8)D

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Answered: Your Lego furniture company makes…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter7: Nonlinear Optimization Models

Section: Chapter Questions

Problem 49P: If a monopolist produces q units, she can charge 400 4q dollars per unit. The variable cost is 60...

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