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Note: This problem requires the use of a linear programming application such as Solver or Analytic Solver.A manufacturer has the capability to produce both chairs and tables. Both products use the same materials (wood, nails, and paint) and both have a setup cost (100 for chairs,200 for tables). The firm earns a profit of 20 per chair and65 per table and can sell as many of each as it can produce. The daily supply of wood, nails, and paint is limited. To manage the decision-making process, an an
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Apr 24, 2022
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SOLVED: Solve the following linear programming model by using thegraphical method: graph the constraints and identify the feasibleregion. Using the corner points method, determine the optimalsolution (s) (show your work).Maximize Z = 6.5x1 10x2Subject tox1 x2 ≤ 152x1 4x2 ≤ 40x1 ≥ 8x1, x2 ≥ 0b. If the constraint x1 ≥ 8 is changed to x1 ≤ 8, what effectdoes this have on the optimal solution? Are any constraintsredundant? If so, which one (s)?
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