A furniture company is producing two type of furniture. Product A requires 8 board feet of wood and 2 Ibs of wicker. Product B requires 6 board feet of wood and 6 Ibs of wicker. There are 2000 board feet of wood available for product and 1000 !bs of wicker. Product A earns profit margin of $30 a unit and Product B earns a profit margin of $40 a unit. What should the objective function be
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Ответ:
Maximize 30A + 40B.
Explanation:
Given that
Profit margin of product A = $30 per unit
And, the Profit margin of product B = $40 per unit
And, let us assume that
Number of product A produced is A
And, the Number of product A produced is B
So, the total profit is
= 30A + 40B
And, this reflects the maximum profit
All other information which is not given is not relevant. Hence ignored it
Ответ: