Furniture company is producing two types of furniture

Assignment Help Operation Management

Reference no: EM131480810

Write the Linear Programming Formulation for the following problem

A furniture company is producing two types of furniture. Product A requires 8 board feet of wood and 2 lbs of wicker. Product B requires 6 board feet of wood and 6 lbs of wicker. There are 2000 board feet of wood available for product and 1000 lbs of wicker. Materials and labor costs for Product A amount to $35 and for Product B $46. Both products are sold to a retailer in a nearby city. Product A is sold for $100 each and Product B is sold for $150 each.

Formulate the LP model to determine the best mix of product A and B to be produced in order to maximize profit.

Reference no: EM131480810

Questions Cloud

Motivation behind most network-centric design strategies : The motivation behind most network-centric design strategies is to decrease the path distance that information must travel between individuals in a network.

Heterogenous and a homogenus founding team : What are the differences between a heterogenous and a homogenus founding team?

Possible implication of violating anti-trust laws : How would you avoid the possible implication of violating anti-trust laws?

Create high customer satisfaction : Is the ultimate goal of a customer-centered organization to maximize its customer satisfaction or to create high customer satisfaction?

Furniture company is producing two types of furniture : A furniture company is producing two types of furniture. Product A requires 8 board feet of wood and 2 lbs of wicker.

Disadvantages of merger strategy and acquisition strategy : What are the advantages and disadvantages of a merger strategy and an acquisition strategy?

Business majors and engineering majors : Write a minimum 4 page report explaining the results from your analysis of the ROI of Business Majors and Engineering Majors.

Advertising media are being considered for promotion : Two advertising media are being considered for promotion of a product. Radio ads cost $400 each, while newspaper ads cost $600 each.

External stakeholders in order to obtain positive evaluation : As a manager of a nonprofit organization, how would you influence your external stakeholders in order to obtain a positive evaluation from them?

User Account

All Pages