A furniture company makes bar stools, tables, and chairs HW16: Problem 1Previous Problem Problem List Next Problemt) A furniture company makes bar stools, tables, and chairs. Each bar stool requires 1 hour of labor. 8 feet of wood, and 0.2 gallons of stain. Eachchair requires 4 hours of labor, 16 feet of wood, and 0.4 gallons of stain. Each table requires 2 hours of labor, 32 feet of wood, and 0.5 gallons of stain.Each week, the company has 700 hours of labor, 3360 feet of wood, and 60 gallons of stain. The company makes $10 in profit per bar stool, $25 in profitper chair, and $35 in profit per table. In order to maximize their profit, the furniture company should makebar stools per week,This strategy will leavechairs per week,What is the maximal profit?andtables per week.unused hours of labor per week,unused feet of wood per week,gallons of stain per weekSUGGESTION: Let x denote number of bar stools, y denote the number of chairs, and z denote the number of tables. Write down a system ofinequalities. Introduce slack variables and build a simplex tableau. Then use the simplex algorithm to determine the optimal solution, along with themaximal profit and the amounts of the unused resources.

From the above given data the following solution is provided below:

Answered: A furniture company makes bar stools,…

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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