Table 8-5 Each Coffee Table Produced by Timothy Kent Designers Nets the Nets

question 63

Multiple Choice

Table 8-5
Each coffee table produced by Timothy Kent Designers nets the firm a profit of $9.Each bookcase yields a $12 profit.Kent's firm is small and its resources limited.During any given production period (of 1 week) ,10 gallons of varnish and 12 lengths of high quality redwood are available.Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood.Each bookcase takes 1 gallon of varnish and 2 lengths of wood.
T = number of tables produced each week
B = number of bookcases produced each week
-Referring to Table 8-5,suppose that this problem requires that you use all the varnish for the week.How would the linear programming representation change?

• A)1B + 1T ≤ 10 will become 1B + 1T ≤ 12.
• B)1B + 1T ≤ 10 will be replaced by 1B + 1T ≥ 10.
• C)1B + 1T ≤ 10 will become 1B + 1T = 10.
• D)2B + 1T ≤ 12 will become 2B + 1T = 12.
• E)None of the above

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Definitions:

Customer Value

The perception of what a product or service is worth to a customer versus the possible alternatives.

Nonmonetary Benefits

Advantages or perks received from a job, purchase, or transaction that do not involve financial compensation, such as satisfaction, convenience, or health improvements.

Monetary Benefits

The financial gains one receives from employment or investment, including salary, dividends, or interest.

Wholesalers

Businesses that sell goods in large quantities at lower prices, primarily to retailers or other businesses, rather than directly to consumers.