Activity 6 : « Tables and chairs » model – Reading an output file

The following file corresponds to the model developed using GAMS of the optimization of resources in a small or medium-sized company that produces tables and chairs : tablesAndChairs.zip
Download it
. Once you have unzipped it, open GAMS and run the model. It corresponds to the following problem statement :

A company sells chairs and small tables which it produces using a stock of 16 wood units, 10 fabric units, and employs a worker for 40 hours of labour.

1 chair requires : 1 hour of labour, 1 wood unit, 1 fabric unit

1 table requires : 4 hours of labour, 1 wood unit.

A chair costs 15€, a table costs 30€. Determine the production of chairs and tables which makes it possible to maximize the company turnover.”

Answer the questions : click on “Start Quiz”