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Linear Programming: Profit Maximization

You are a woodworker who makes tables and chairs.
Each table requires $80 in materials, 4 hrs of labor and earns $70 profit. Each chair requires $80 in materials, 8 hrs of labor, and earns $120 profit. This week you have $960 cash for materials, and 64hrs of labor available. What should you plan to build to maximize your profit?

Solution Summary

The maximm profit is calculated using linear programming.