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Mega - Mart, a discount store chain, is to build a new store in Rock Springs. The parcel of land the company has purchased is
MegaMart, a discount store chain, is to build a new store in Rock Springs. The parcel of land the company has purchased is large enough to accommodate a store with square feet of floor space. Based on marketing and demographic surveys of the area and historical data from its other stores, MegaMart estimates its annual profit per square foot retail andor inventory for each of the stores departments to be as shown in the table below: Department Profit per square foot Mens Clothing $ Womens Clothing $ Childrens Clothing $ Toys $ Housewares $ Electronics $ Auto Supplies $ Each department must have at least square feet of floor space, and no department can have more than of the total retail floor space. Mens and childrens clothing, housewares and auto supplies keep all of their stock on the retail floor; however, womens clothing, toys and electronics keep some items in backroom inventory. Thus, for each of these three departments of the total floor space must be set aside outside of the retail floor space for stocking inventory. For example, if square feet is dedicated to toys then would be retail and inventory space. The profit made in that department would be $ Find the amount of floor space that should be devoted to each department in order to maximize MegaMarts profit.
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