The following information is available for Woodside Furniture Company, which sells two products: $\begin{array}{lcc}&\text { Chair X } & \text { Chair Y }\
\text { Processingtime } & 4 \text { hours } & 6 \text { hours } \
\text { Metal used } & 30 \text { sq. ft. } & 18 \text { sq. ft. } \
\text { Selling price } & \$ 200.00 & \$ 100.00 \
\text { Variable cost } & \$ 150.00 & \$ 60.00 \
\text { Fixed cost } & \$ 30.00 & \$ 30.00
\end{array}$ 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)Minimize 200X + 100Y
B)Maximize 180X + 90Y
C)Maximize 50X + 40Y
D)Maximize 200X + 100Y

Question

Quizplus · Accepted Answer

The objective function for maximizing sales is to maximize the total sales revenue, which is the selling price of Chair X ($200) times the number of Chair X sold (X) plus the selling price of Chair Y ($100) times the number of Chair Y sold (Y). Therefore, the objective function is Maximize 200X + 100Y.

The Following Information Is Available for Woodside Furniture Company, Which