Figure 25-5
The following information is available for Walters Furniture Company, which sells two products: $\begin{array}{lcc}
& \text { Table X } & \text { Table Y } \
\text { Processing time } & 4 \text { hours } & 6 \text { hours } \
\text { Metal used } & 30 \mathrm{sq} . \mathrm{ft} . & 18 \mathrm{sq} . \mathrm{ft} . \
\text { Selling price } & £ 200.00 & £ 100.00 \
\text { Variable cost } & £ 150.00 & £ 60.00 \
\text { Fixed cost } & £ 30.00 & £ 30.00
\end{array}$ There are 200 hours available in the plant and 200 square metres of metal available per operating period.
-Refer to Figure 25-5. What is the objective function for maximizing sales?
A)Maximize 200X + 100Y
B)Maximize 180X + 90Y
C)Maximize 50X + 40Y
D)Minimize 200X + 100Y

Question

Figure 25-5
The following information is available for Walters Furniture Company, which sells two products: $\begin{array}{lcc} 
& \text { Table X } & \text { Table Y } \
\text { Processing time } & 4 \text { hours } & 6 \text { hours } \
\text { Metal used } & 30 \mathrm{sq} . \mathrm{ft} . & 18 \mathrm{sq} . \mathrm{ft} . \
\text { Selling price } & £ 200.00 & £ 100.00 \
\text { Variable cost } & £ 150.00 & £ 60.00 \
\text { Fixed cost } & £ 30.00 & £ 30.00
\end{array}$ There are 200 hours available in the plant and 200 square metres of metal available per operating period.
-Refer to Figure 25-5. What is the objective function for maximizing sales?
A)Maximize 200X + 100Y
B)Maximize 180X + 90Y
C)Maximize 50X + 40Y
D)Minimize 200X + 100Y

Quizplus · Accepted Answer

The objective function for maximizing sales is to maximize the total sales revenue, which is calculated by multiplying the selling price of each product by the number of units sold. For Table X, the selling price is £200, and for Table Y, it is £100. Therefore, the objective function is Maximize 200X + 100Y, where X and Y represent the number of units sold for Table X and Table Y, respectively.

Figure 25-5 the Following Information Is Available for Walters Furniture

Figure 25-5
the Following Information Is Available for Walters Furniture