Furnco manufactures desks and chairs. each desk uses 4 units of wood, and each chair uses 3. a desk contributes $40 to profit, and a chair contributes $25. marketing restrictions require that the number of chairs produced be at least twice the number of desks produced. there are totally 20 units of wood are available. let x1 = number of desks produced, x2 = number of chairs produced. note: for all questions in this homework assignment, you do not need to consider integrality constraints (i. e., constraints that require variables to be of integer values). (a) formulate an lp to maximize furnco’s profit: define the variables, write down the objective function, and all constraints. (b) is (0, 0) a feasible solution? (c) is (−3, 2) a feasible solution? (d) is (2, 4) a feasible solution? 2. u. s. labs manufactures mechanical he

Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?