Unformatted text preview: televisions, and tires) in inventory. Thus, 10% of the total floor space devoted to these three departments must be set aside outside the retail area for stocking inventory. Based on marketing and demographic surveys of the area and historical data from its other stores, Mega-Mart estimates its annual profit per square foot of retail space for each of the store's departments to be as shown in the following table. Mega-Mart wants to know the floor space that should be devoted to each department in order to maximize profit. Formulate the linear programming model for Mega-Mart. Department Profit per ft^2 Men’s clothing $4.25 Women’s clothing 5.10 Children’s clothing 4.50 Toys 5.20 Housewares 4.10 Electronics 4.90 Auto Supplies 3.80...
View Full Document
- Spring '09