Find the maximum profit margin for the objective function


A furniture company is producing two types of furniture. Product A requires 8 board feet of wood and 2 lbs of wicker. Product B requires 6 board feet of wood and 6 lbs of wicker. There are 2000 board feet of wood available for product and 1000 lbs of wicker. Product A earns a profit margin of $30 a unit and Product B earns a profit margin of $40 a unit. Formulate the problem as a linear program and find the maximum profit margin for the objective function.

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Basic Statistics: Find the maximum profit margin for the objective function
Reference No:- TGS097355

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