Please solve using solver in excel, thanks!
Profit Information | Chairs | Desks | |||
Contribution/unit | 25 | 40 | |||
Units produced | 4 | 2 | |||
Profits generated | 100 | 80 | |||
Production data | Chairs | Desks | |||
Wood/unit required | 3 | 4 | |||
Minimum ratio of chair to desk | 1:2 | ||||
Wood Constraint | |||||
Total units of woods used | 12 | 8 | |||
Production ratio Constraint | |||||
Number of chairs | 4 | 2 | |||
Total Profit | 180 |
Please solve using solver in excel, thanks! Product Mix Homework Problem Furnco manufactures desks and chairs. Each des...
Please solve using solver in excel, screenshots appreciated!! Product Mix Homework Problem Furnco manufactures desks and chairs. Each desk used 4 units of wood, and each chair used 3 units of A desk contributes $40 to profit, and each chair contributes $25 to profit. Marketing restrictions that the number of chairs produced be at least twice the number of desks produced. There are 20 ts of wood available. Determine the mix of desks and chairs to produce in order to...
A furniture company manufactures desks and chairs. Each desk uses four units of wood, and each chair uses three units of wood. A desk contributes $250 to profit, and a chair contributes $145. Marketing restrictions require that the number of chairs produced be at least four times the number of desks produced. There are 2,000 units of wood available. Use SolverTable to see what happens to the decision variables and the total profit when the availability of wood varies from...
Hy work Santana Rey has found that Business Solutions's line of computer desks and chairs has become very popular, and she is finding it hard to keep up with demand. She knows that she cannot fill all of her orders for both items, so she decides she must determine the optimal sales mix given the resources she has available. Information about the desks and chairs follows. Selling price per unit Variable costs per unit Contribution margin per unit Direct labor...
Santana Rey has found that Business Solutions's line of computer desks and chairs has become very popular, and she is finding it hard to keep up with demand. She knows that she cannot fill all of her orders for both items, so she decides she must determine the optimal sales mix given the resources she has available. Information about the desks and chairs follows. Selling price per unit Variable costs per unit Contribution margin per unit Direct labor hours per...
Santana Rey has found that Business Solutions's line of computer desks and chairs has become very popular, and she is finding it hard to keep up with demand. She knows that she cannot fill all of her orders for both items, so she decides she must determine the optimal sales mix given the resources she has available. Information about the desks and chairs follows. Selling price per unit Variable costs per unit Contribution margin per unit Direct labor hours per...
Santana Rey has found that Business Solutions's line of computer desks and chairs has become very popular, and she is finding it hard to keep up with demand. She knows that she cannot fill all of her orders for both items, so she decides she must determine the optimal sales mix given the resources she has available. Information about the desks and chairs follows. Selling price per unit Variable costs per unit Contribution margin per unit Direct labor hours per...
Scholastic Furniture, Inc. manufactures a variety of desks, chairs, tables, and shelf units that are sold to public school systems throughout the Midwest. The controller of the company’s Desk Division is currently preparing a budget for the second quarter of the year. The following sales forecast has been made by the division’s sales manager. April 10,000 desk-and-chair sets May 12,000 desk-and-chair sets June 15,000 desk-and-chair sets Each desk-and-chair set requires 10 board feet of pine planks and 1.5 hours of...
Brown Furniture Company makes three kinds of office furniture: chairs, desks, and tables. Each product requires skilled labor in the parts fabrication department, unskilled labor in the assembly department, machining on some key pieces of equipment, and some wood as raw material. At current prices, the unit profit contribution for each product is known, and the company can sell everything it manufactures. The size of the workforce has been established, so the number of skilled and unskilled labor hours is...
The Question. The scenario Park Furnishings manufactures school and university classroom furniture. The company has two production plants, located at Easton and Weston. The Easton plant produce tables and chairs and the Weston plant produces desks and computer workstations. Park has a working day of 7.5 hours and employs nineteen workers at each plant. You may assume that there is a total of 24 working days every month. All Park products are manufactured using finished pressed wood and polished aluminium...
A furniture firm makes three types of tables: coffee table, side table and dining room table, and two types of chairs : arm chair and side chair. A coffee table requires 35 unit s of wood, a side table needs 45 units of wood, and a dining room table requires 95 units of wood. In addition, an arm chair requires 40 units of wood and a side chair needs 30 units of wood. There are at most 9800 units of...