The following information is available for Walters Furniture Company, which sells two products:
-There are 200 hours available in the plant and 200 square feet of metal available per operating period.
What is the objective function for maximizing sales?
A) Maximize 200X + 100Y
B) Maximize 180X + 90Y
C) Maximize 50X + 40Y
D) Minimize 200X + 100Y

Question

The following information is available for Walters Furniture Company, which sells two products:  
-There are 200 hours available in the plant and 200 square feet of metal available per operating period.
What is the objective function for maximizing sales?
A) Maximize 200X + 100Y 
B) Maximize 180X + 90Y 
C) Maximize 50X + 40Y 
D) Minimize 200X + 100Y

Quizplus · Accepted Answer

The objective function for maximizing sales is typically represented by maximizing the revenue or profit, which is often given by a linear combination of the products being produced. Here, "Maximize 200X + 100Y" suggests maximizing sales with coefficients representing the contribution of each product to sales.

The Following Information Is Available for Walters Furniture Company, Which