Formulate Watson's production-mix decision as a linear programming problem, and solve. How many tables and bookcases should be produced each week? What will the maximum profit be? [PX]

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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### Problem B.11: Production-Mix Decision

Each coffee table produced by Kevin Watson Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. Watson’s firm is small, and its resources are limited. During any given production period (of 1 week), 10 gallons of varnish and 12 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1 gallon of varnish and 2 lengths of wood.

**Task:** Formulate Watson’s production-mix decision as a linear programming problem, and solve it. Determine how many tables and bookcases should be produced each week and calculate the maximum profit. [PX]

**Detailed Analysis:**

- **Resource Constraints:**
  - Varnish: 10 gallons available
  - Redwood: 12 lengths available

- **Product Requirements:**
  - Coffee Table: 
    - 1 gallon of varnish
    - 1 length of redwood
    - Profit: $9
  - Bookcase:
    - 1 gallon of varnish
    - 2 lengths of redwood
    - Profit: $12

**Objective:** Maximize profit by determining the optimal number of coffee tables and bookcases that can be produced within the given resource constraints.
Transcribed Image Text:### Problem B.11: Production-Mix Decision Each coffee table produced by Kevin Watson Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. Watson’s firm is small, and its resources are limited. During any given production period (of 1 week), 10 gallons of varnish and 12 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1 gallon of varnish and 2 lengths of wood. **Task:** Formulate Watson’s production-mix decision as a linear programming problem, and solve it. Determine how many tables and bookcases should be produced each week and calculate the maximum profit. [PX] **Detailed Analysis:** - **Resource Constraints:** - Varnish: 10 gallons available - Redwood: 12 lengths available - **Product Requirements:** - Coffee Table: - 1 gallon of varnish - 1 length of redwood - Profit: $9 - Bookcase: - 1 gallon of varnish - 2 lengths of redwood - Profit: $12 **Objective:** Maximize profit by determining the optimal number of coffee tables and bookcases that can be produced within the given resource constraints.
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