Conclude how woodco can maximize its revenue

Reference no: EM1317448

Solve the given LP problem to maximize revenue using Excel Solver.

Woodco manufactures tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board feet of pine are available. A table wants either 17 board feet of oak or 30 board feet of pine, and the chair requires either 5 board feet of oak or 13 board feet of pine. Each table can be sold for $40 and each chair for $15. Conclude how Woodco can maximize its revenue.

Reference no: EM1317448

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