If it costs $1,024 per day to operate plant A and $1,096 per day to operate plant B, what is the minimum cost of this production run? $ Round to the nearest cent.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Jesaki Furniture Company has two plants that produce lumber used in
manufacturing tables and chairs. In 1 day of operation, plant A can produce
the lumber required to manufacture 21 tables and 62 chairs, while plant B
can produce the lumber required to manufacture 26 tables and 48 chairs. In
this production run, the company needs enough lumber to manufacture at
least 197 tables and 497 chairs.
If it costs $1,024 per day to operate plant A and $1,096 per day to operate
plant B, what is the minimum cost of this production run?
Round to the nearest cent.
Transcribed Image Text:Jesaki Furniture Company has two plants that produce lumber used in manufacturing tables and chairs. In 1 day of operation, plant A can produce the lumber required to manufacture 21 tables and 62 chairs, while plant B can produce the lumber required to manufacture 26 tables and 48 chairs. In this production run, the company needs enough lumber to manufacture at least 197 tables and 497 chairs. If it costs $1,024 per day to operate plant A and $1,096 per day to operate plant B, what is the minimum cost of this production run? Round to the nearest cent.
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