Math Problem Statement

A furniture manufacturer produces chairs and sofas. Chairs require 20 feet of wood, 1 lb. of foam rubber, and 2 square yards of material. Sofas require 100 feet of wood, 50 lbs. of foam rubber, and 20 square yards of material. The manufacturer has 1900 feet of wood, 500 lbs. of foam rubber, and 240 square yards of material in stock. If chairs can be sold for $20 each and sofas for $300 each, how many of each should be produced to maximize income? Use simplex method

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Programming
Optimization
Simplex Method

Formulas

Objective function: Maximize Z = 20x1 + 300x2
Wood constraint: 20x1 + 100x2 ≤ 1900
Foam rubber constraint: x1 + 50x2 ≤ 500
Material constraint: 2x1 + 20x2 ≤ 240

Theorems

Simplex Method for Linear Programming

Suitable Grade Level

Undergraduate level (Optimization/Operations Research)