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1-) 0 Magnesia Shopping Center has 10,000 square meters of space to rent and wants to determine the types of stores that should occupy the
1-)
0 Magnesia Shopping Center has 10,000 square meters of space to rent and wants to determine the types of stores that should occupy the shopping center. The minimum number and maximum number of each type of store (along with the size (in square meters) of cach type) is given in the table below. Store Type Size (square meters) Minimum Maximum Jewelry 500 1 3 Shoe 600 1 3 Department 1500 1 3 Book 700 3 Clothing 900 1 3 The annual profit made by cach type of store will, of course, depend on how many stores of that type are in the shopping center. This dependence is given in the table below (all profits are in units of 10,000 TL). Thus, if there are two department stores in the mall, each department store earns 210,000 TL profit per year. Each store pays 5% of its annual profit as rent to Magnesia Management Number of Stores Store Type 1 2 3 Jewelry 9 8 7 Shoe 10 5 Department 27 21 20 Book 16 9 7 Clothing 17 13 10 Formulate an integer program whose solution will tell Magnesia Management how to maximize rental income from the shopping center. 9 Step by Step Solution
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