Solved

Jones Furniture Company Produces Beds and Desks for College Students X1= Number of Beds to produce X2= Number of Desks to produce \begin{array} { l } X _ { 1 } = \text { Number of Beds to produce } \\X _ { \mathbf { 2 } } = \text { Number of Desks to produce }\end{array}

Question 52

Short Answer

Jones Furniture Company produces beds and desks for college students. The production process requires carpentry and varnishing. Each bed requires 6 hours of carpentry and 4 hour of varnishing. Each desk requires 4 hours of carpentry and 8 hours of varnishing. There are 36 hours of carpentry time and 40 hours of varnishing time available. Beds generate $30 of profit and desks generate $40 of profit. Demand for desks is limited so at most 8 will be produced.
How much can the price of Desks drop before it is no longer profitable to produce them? Base your response on the following Risk Solver Platform (RSP) sensitivity output.
Laet
X1= Number of Beds to produce X2= Number of Desks to produce \begin{array} { l } X _ { 1 } = \text { Number of Beds to produce } \\X _ { \mathbf { 2 } } = \text { Number of Desks to produce }\end{array} The LP model for the problem is
 MAX: 30X1+40X2\text { MAX: } \quad 30 \mathrm{X}_{1}+40 \mathrm{X}_{2}
 Subject to: 6X1+4X236 (carpentry) 4X1+8X240 (varnishing X28( demand for X2)X1,X20\begin{array}{l}\text { Subject to: }\\\begin{array} { l } 6 X _ { 1 } + 4 X _ { 2 } \leq 36 \text { (carpentry) } \\4 X _ { 1 } + \mathbf { 8 } X _ { 2 } \leq 40 \text { (varnishing } \\X _ { 2 } \leq \mathbf { 8 } \left( \text { demand for } X _ { 2 } \right) \\X _ { 1 } , X _ { 2 } \geq 0\end{array}\end{array}  Changing Cells\text { Changing Cells}
 Final  Reduced  Objective  Allowable  Allowable  Cell  Name  Value  Cost  Coefficient  Increase  Decrease $ B $4 Number to make: Beds 40303010$$$4 Number to make: Desks 30402020\begin{array}{llrrrrr}&&\text { Final } & \text { Reduced } & \text { Objective } & \text { Allowable } & \text { Allowable }\\\text { Cell } & \text { Name } & \text { Value } & \text { Cost } & \text { Coefficient } & \text { Increase } & \text { Decrease } \\\hline \$ \text { B } \$ 4 & \text { Number to make: Beds } & 4 & 0 & 30 & 30 & 10 \\\$ \mathrm{\$} \$ 4 & \text { Number to make: Desks } & 3 & 0 & 40 & 20 & 20\end{array}

 Constraints \text { Constraints }
 Final Shadow Constraint Allowable Allowable  Cell  Name  Value  Price  R.H. Side  Increase  Decrease $D$8 Carpentry Used 362.5362416$D$9 Varnishing Used 403.754026.6716$D$10 Desk demand Userl 3081 E+305\begin{array}{llrrrrrr}&&\text { Final } & \text {Shadow } & \text {Constraint } & \text {Allowable } & \text {Allowable }\\\text { Cell } & \text { Name } & \text { Value } & \text { Price } & \text { R.H. Side } & \text { Increase } & \text { Decrease } \\\hline \$ \mathrm{D} \$ 8 & \text { Carpentry Used } & 36 & 2.5 & 36 & 24 & 16 \\\$ \mathrm{D} \$ 9 & \text { Varnishing Used } & 40 & 3.75 & 40 & 26.67 & 16 \\\$ \mathrm{D} \$ 10 & \text { Desk demand Userl } & 3 & 0 & 8 & 1 \mathrm{~E}+30 & 5\end{array}

Correct Answer:

verifed

Verified

The allowa...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents