. Determine how the company can maximize its revenue
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A furniture company manufactures tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 25,000 board feet of oak and 20,000 board of pine are available. A table requires either 17 board feet of oak or 30 board feet of pine, and a chair requires either 5 board feet of oak or 13 board feet of pine. Each table can be sold for $1,000 and each chair for $300.
a. Determine how the company can maximize its revenue.
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