The numbers of chairs and tables that should be produced each week in order to maximize the company's profit is 15 chairs and 18 tables.
Since a furniture company has 480 board ft of teak wood and can sustain up to 450 hours of labor each week, and each chair produced requires 8 ft of wood and 12 hours of labor, and each table requires 20 ft of wood and 15 hours of labor, to determine, if a chair yields a profit of $ 65 and a table yields a profit of $ 90, what are the numbers of chairs and tables that should be produced each week in order to maximize the company's profit, the following calculation should be done:
- 16 chairs; 24 tables
- Time used = 16 x 12 + 24 x 15 = 192 + 360 = 552
- Wood used = 16 x 8 + 24 x 20 = 128 + 480 = 608
- 15 chairs; 18 tables
- Time used = 15 x 12 + 18 x 15 = 180 + 270 = 450
- Wood used = 15 x 8 + 18 x 20 = 120 + 360 = 480
- 12 chairs; 28 tables
- Time used = 12 x 12 + 28 x 15 = 144 + 420 = 564
- Wood used = 12 x 8 + 28 x 20 = 96 + 540 = 636
- 18 chairs; 20 tables
- Time used = 18 x 12 + 20 x 15 = 216 + 300 = 516
- Wood used = 18 x 8 + 20 x 20 = 144 + 400 = 544
Therefore, the only option that meets the requirements of time and wood used is that of 15 chairs and 18 tables, whose economic benefit will be the following:
- 15 x 65 + 18 x 90 = X
- 975 + 1,620 = X
- 2,595 = X
Therefore, the numbers of chairs and tables that should be produced each week in order to maximize the company's profit is 15 chairs and 18 tables.
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Answer: <em>Multiplying these factors gives the approximate volume of the original body</em>
Step-by-step explanation:
<em>The given convex body can be approximated by a sequence of nested bodies, eventually reaching one of known volume (a hypersphere), with this approach used to estimate the factor by which the volume changes at each step of this sequence.</em>
Answer: $12.4
Step-by-step explanation:
34.72/2.8 hours = 12.4 dollars/hr
41.803 is 42 rounded to the nearest whole number because when you go past .5 you round to the nearest highest number, but when your below .5 then you round to the nearest lowest number.