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Question about Linear programming problem using Excel Solver
Woodco manufactures tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board feet of pine are available. A table requires either 17 board feet of oak or 30 board feet of pine and a chair requires either 5 board feet of oak or 13 board feet of pine. Each table can be sold for $40 and each chair for $15. Determine how can Woodco maximize its revenue?
(Using Solver)
This solution contain linear programming maximization problem by using excel solver.
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