The hickory cabinet and furniture company makes chairs and, Ask an Expert

Management Studies

1. The Hickory Cabinet and Furniture Company makes chairs and tables. The company has developed the following nonlinear programming model to determine the optimal number of chairs (x1) and tables (x2) to produce each day to maximize profit, given a constraint for available mahogany wood.

maximize 280x1 - 6x1^2 + 160x2 ¡ 3x2^2

subject to 20x1 + 10x2 = 800 board feet

x1; x2 > or equal to 0:

Determine the optimal solution to this model.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9369660

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 which two cultural variables are most likely to affect

1. Which two cultural variables are most likely to affect the validity of the "expectancy" theory of motivation? Power distance and [2] "external" versus "internal" control. Universalism / particularism and [2] "specific ...

1 the major purpose of a financial system is toa trade

1. The major purpose of a financial system is to a. trade stocks and bonds. b. regulate banks. c. print money and checks d. match savers with borrowers 2. An office supply store can buy a desk for $100. If the store owne ...

Please search the data about bellow by yourself and analyze

Please search the data about bellow by yourself and analyze it. 1) Please analysis the profitability of Cat & Jack ( Target own brand) within its total revenue. Explain it by using the number and estimate the future prof ...

Discussion 1 the video discusses the repo market and bear

Discussion 1) The video discusses the Repo Market and Bear Stearns reliance on it. What is the Repo Market, and how was Bear Stearns impacted by it? What was the impact of the near failure of Bear Stearns and the failure ...

Module overviewmostly consumers benefit from competition

Module Overview Mostly consumers benefit from competition through greater choices and lower prices. However, not all markets are equally competitive. Consider the airline industry. Would prices of commercial aircraft-and ...

Module leadership shadows and challengespart 1 from the

Module : Leadership Shadows and Challenges Part 1 : From the text, which shadows are leaders most likely to cast? Why? Again, from the text, what can a leader do to cast light instead? Please conduct research to support ...

In each chapter of this book we use a database for a

In each chapter of this book, we use a database for a fictitious company, Performance Lawn Equipment (PLE), within a case exercise for applying the tools and techniques introduced in the chapter.33 To put the database in ...

1 twenty-five engine mounts are sampled each day and found

1. Twenty-five engine mounts are sampled each day and found to have an average width of 3 inches, with a standard deviation of 0.2 inches. What are the control limits that include 95.45% of the sample means? 2. Several s ...

Markting case studytarget corporation is the second-largest

MARKTING CASE STUDY Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, ...

Business lawfor years courts employers and employees have

Business Law: For years, courts, employers, and employees have struggled with the issue of employee drug testing. Employers want their employees to be drug free, whereas employees do not want to submit to an invasive and ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert