Montana Wood Products Problem Montana Wood Products manufacturers
Montana Wood Products Problem Montana Wood Products manufacturers two-high quality products, tables and chairs. Its profit is $15 per chair and $21 per table. Weekly production is constrained by available labor and wood. Each chair requires 4 labor hours and 8 board feet of wood while each table requires 3 labor hours and 12 board feet of wood. Available wood is 2400 board feet and available labor is 920 hours. Management also requires at least 40 tables and at least 4 chairs be produced for every table produced. To maximize profits, how many chairs and tables should be produced? © 2003 by Prentice Hall, Inc. 1
Widgets Problem Suppose a company produces two types of widgets, manual and electric. Each requires in its manufacture the use of three machines; A, B, and C. A manual widget requires the use of the machine A for 2 hours, machine B for 1 hour, and machine C for 1 hour. An electric widget requires 1 hour on A, 2 hours on B, and 1 hour on C. Furthermore, suppose the maximum numbers of hours available per month for the use of machines A, B, and C are 180, 160, and 100, respectively. The profit on a manual widget is $4 and on electric widget it is $6. See the table below for a summary of data. If the company can sell all the widgets it can produce, how many of each type should it make in order to maximize the monthly profit? © 2003 by Prentice Hall, Inc. 2
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