A craft furniture manufacturer produces round kitchen tables (X1) and matching chairs (X2) in its workshop from 600 board feet of oak.  Each table requires 30 hours of labor and each chair requires 18 hours, and there are 480 hours of labor available.  Each table requires 40 board feet and each chair requires 15 board feet.  A table provides $575 in profit and each chair provides $120 in profit.  In the integer programming model formulation for this problem, if each table requires 6 chairs to go with it, but additional chairs can be made and sold separately, this constraint, in proper form for computer solution, could be written as:Group of answer choices6X1 + X2  0X1 + 6X2  06X1 – X2  0X1 + X2 6

The Vandelay furniture company makes bookshelves and tables.Consider the following Linear Programming Model:          X1 = the number of bookshelves made in a day.          X2 = the number of tables made in a day.          Maximize:  Z = 50X1 +50X2       Profit  ($)          Subject to:                   20X1 + 11X2 <= 100          Labor  (hours)                   7.1X1 + 10X2 <= 50            Lumber  (board-feet)What's the lowest profit on a bookshelf can be, without changing the optimal solution?Another way to ask this is, what's the lower bound on the sensitivity range for C1?(Round your answer to 1 decimal place.)

Craftsman Ltd purchases wooden planks at R250 each, where after an employee, normally takes two hours to make a chair from this wood. Employees are compensated at an hourly rate of R200. The employee, however, engaged in a strike in an attempt to secure better wages and therefore took five hours to complete a chair. During the manufacturing of the chair, 25 nails at a cost of R3 each, is needed.REQUIRED:The cost of inventory, for one chair, will be?

George produces 10 tables per week and 20 chairs per week, Martha produces 4 tables and 12 chairs per week, what is the opportunity cost for George of tables in terms of chairs

Assume Logan agrees on September 5 to sell 100 units of wooden chairs to a furniture shop, to be delivered on December 10 for $50 per unit. However, Logan refuses to deliver the contracted chairs because the market price on December 10 was $80 per unit. If true, the furniture shop can recover _______ in damages from Logan.Multiple choice question.$1000$3000$50$80

The Woodworks Company produces a variety of custom-designed wood furniture, made from either cherry or oak. The company knows that wood prices and labor costs are likely to increase in the future. The table below shows the number of board-feet and labor hours required for a bookshelf, the current costs per board-foot and labor hour, and the anticipated annual increases in these costs.Build a spreadsheet model that enables the company to experiment with the growth rates in wood and labor costs so that a manager can see, both numerically and graphically, how the costs of bookshelves vary in the next few years.ResourceCherryOakLaborRequired per Bookshelf303016Current Unit Cost$5.50$4.30$18.50Anticipated Annual Cost Increase2.40%1.70%1.50%