Question 18 of 26
Q.A furniture dealer deals only in two items viz., tables and chairs. He has to invest ₹ 10,000 and a space to store atmost 60 pieces. The cost of a table is ₹ 500 and the cost of a chair is ₹ 200. He can sell all the items that he buys. He is getting a profit of ₹ 50 per table and ₹ 15 per chair. Formulate this problem as an LPP, so as to maximize the profit.
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2023Subjective· 3mImportance★★★★★
69% · 18/26 Questions
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Start your 14-day free trial to unlock the full solution →Decision variables (tables), (chairs); objective ; constraints from ₹10,000 investment, ≤60 pieces of storage, and non-negativity.
Step 1 — Decision variables. Let = number of tables bought and = number of chairs bought.
Step 2 — Objective function (maximize profit). Profit is ₹50 per table and ₹15 per chair:
Step 3 — Investment constraint. Cost ₹500 per table, ₹200 per chair, capital ₹10,000:
Step 4 — Storage (space) constraint. At most 60 pieces: …
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