Need a and b II. A wood products firm uses available time at the end of each week to make goods for stock. Cur-rently, two products on the list of items are produced for stock: a chopping board and a knife holder.Both items require three operations: cutting, gluing, and finishing. The manager of the firm hascollected the following data on these products:TIME PER UNIT (minutes)ItemChopping boardKnife holderProfit/Unit$2$6Cutting1.40.8Gluing513Finishing123The manager has also determined that, during each week, 56 minutes are available for cutting,650 minutes are available for gluing, and 360 minutes are available for finishing.a. Determine the optimal quantities of the decision variables.b. Which resources are not completely used by your solution? How much of each resource isunused?

Linear programming helps us to find the optimal solution/best outcome, with the given…

Answered: A wood products firm uses available…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter12: Queueing Models

Section: Chapter Questions

Problem 59P

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why we find order statistics? explain in your own words

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