A Furniture dealer deals in only two items, table and chair. He has to invest and a space to store at most pieces. A table costs him and a chair . He can sell a table at a profit of and a chair at a profit of . Assume that, he can sell all the items that he produced. The number of constraints in the problem is
Explanation for the correct answer:
Step 1: Finding the investment equation
Let be the number of tables and be the number of chairs.
The cost of a table =
The cost of the chair =
The total investment of the dealer =
From the above statements the equation can be,
Step 2: Finding the profit equation
The profit per table =
The profit per chair =
Let be the total profit.
Then the objective function is,
.
Step 3: Finding the number of constraints
The dealer sells all the items that he produced.
Thus to maximize the profit ,
The subjective constraints are
Hence, option (C) is the correct answer.