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.
Answer:
(0, 1)
Step-by-step explanation:
The point lies on the line x = 0.
The point lies on the line y = 1.
Where both lines intersect, that is the coordinate.
(x, y)
(0, 1)
Answer:
x/7=x+14 / 5
Solve for X
Step-by-step explanation:
x/7=x+14 / 5
Solve for X
Answer:7yd
Step-by-step explanation:
Answer:
The correct option for the answer is C.) $3.29 / $2.96
Step-by-step explanation:
i) national average for a gallon of gas = $2.74
ii) for transportation New York is 1.2 times the National average
therefore one gallon of gas in New York will cost = 1.2
$2.74 = $3.29
iii)for transportation Los Angeles is 1.08 times the National average
therefore one gallon of gas in New York will cost = 1.08
$2.74 = $2.96
Therefore you should expect to pay for gas in New York versus Los Angeles C.) $3.29 / $2.96