Final answer:
The Pinewood Furniture Company produces chairs and tables primarily from wood and metal. When addressing waste management, firms may find marketable permits as a cost-effective regulatory measure. Additionally, LDPE and HDPE are types of plastics used for different manufacturing needs based on their properties.
Step-by-step explanation:
The Pinewood Furniture Company uses two resources in the production of chairs and tables: wood and metal. Wood serves as the primary structural component in furniture making, creating the framework and surfaces for items such as chair backs, seats, and table tops. Metal is often used for reinforcement, joints, and sometimes for design accents or functional parts such as table legs and chair frames. Notably, in today's diverse manufacturing landscape, furniture can also be made from a variety of other materials, reflecting advances in materials engineering and design aesthetics.
Regarding the management of waste by furniture companies, the scenario provided indicates firms must calculate the cost of reducing their waste by one-fourth either through direct regulation or by utilizing marketable permits. Marketable permits create a financial incentive for companies to reduce their garbage output more efficiently, allowing them the flexibility to trade these permits and find the most cost-effective methods for waste reduction.
Lastly, it's important to recognize that materials such as Low-Density Polyethylene (LDPE) and High-Density Polyethylene (HDPE) are plastics commonly used in manufacturing various products, due to their distinct properties suitable for different applications. LDPE is flexible and resistant to impact, which makes it suitable for products like lawn chair frames and rope. HDPE is known for its higher tensile strength and rigidity, which is ideal for items like disposable syringes and automobile protective covers.