Problem 1 Consider the following production problem. A furniture company builds tables and chairs using only wood and nails. Each table requires 4 planks of wood and 2 boxes of nails. Each chair requires 1 plank of wood and 2 boxes of nails. The company currently has 2000 planks of wood and 1200 boxes of nails. Each table you build can be sold for $100 and each chair can be sold for $40. a) Formulate an LP that will solve this problem. (Assume that you can build fractional tables and chairs.) b) Now formulate the dual for this problem. c) Using Excel, solve the dual LP. Write up your solution. Also print out and attach your Answer Report.
Problem 1 Consider the following production problem. A furniture company builds tables and chairs using only wood and nails. Each table requires 4 planks of wood and 2 boxes of nails. Each chair requires 1 plank of wood and 2 boxes of nails. The company currently has 2000 planks of wood and 1200 boxes of nails. Each table you build can be sold for $100 and each chair can be sold for $40. a) Formulate an LP that will solve this problem. (Assume that you can build fractional tables and chairs.) b) Now formulate the dual for this problem. c) Using Excel, solve the dual LP. Write up your solution. Also print out and attach your Answer Report.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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