Solution for QID #80231: The SHANIA NICOLE Furniture Company manufactures dining room | StudyHelpMe

The SHANIA NICOLE Furniture Company manufactures dining room tables and chairs. Each table requires 50 board feet and 3 hours of labor. Each chair takes 20 board feet and 4 hours of labor. The manufacturer has 3,000 board feet of lumber available and a staff able to provide 380 hours of labor. Finally, the manufacturer has determined that there is a net profit of P100 for each chair sold and P200 for every table sold. For simplicity, we assume that needed materials such as nails and varnish are available in sufficient quantities. How many tables and chairs should the company manufacture in order to maximize its profit assuming that each item manufactured is sold?