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can you solve this please Summary We are the managers of a boutique in Denton called, The Palm Tree. We sell women's clothing. accessories, and
can you solve this please
Summary We are the managers of a boutique in Denton called, The Palm Tree. We sell women's clothing. accessories, and beauty products. The average profit margin for clothing pieces is about $12, for an accessory piece about $25, and for beauty products about $8. Time and space are important to deciding how we display items so that they sell well. Clothing displays make up around 60% of our store space because they typically require a lot of space. Clothing displays typically take at least an hour to set up. Accessory displays are typically smaller and take less time to set up. These displays make up about 10% of our store space and take 30 minutes to set up. Lastly, we have our beauty product displays. These are also relatively small taking up about 15% of store space and requiring 45 minutes to set up. How can we allocate time and store space to maximize profit? Decision Variables X: Number of Clothing pieces Y: Number of Accessories Z: Number of Beauty Products Resources - 59 Business hours total per week, 8 hours weeldy to set up displays - 3000 sq. ft Model Max12x+25y+8z60x+30y+45z Step by Step Solution
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