As a store manager, you need to decide how many units of two products to stock by minimizing total warehousing costs. You build the following model. Define Y1 to be the number of product 1 to stock and Y2 to be the number of product 2 to stock.

Minimize: 0.06 Y1 + 0.07 Y2 Subject to: 0.2 Y1 + 0.3 Y2 <= 500,000 (constraint for available warehouse capacity ) 0.8 Y1 + 0.7 Y2 <= 1,500,000 (constraint for available procurement budget ) Y1, Y2 >= 0

What is the square footage required for stocking 1 unit of product 1?

Question 21 options:

a. 0.7

b. 0.8

c. 0.3

d. 0.2