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Simon's Mall has 10,000 sq ft of space to rent and wants to determine the types of stores that should occupy the mall. The minimum
Simon's Mall has 10,000 sq ft of space to rent and wants to determine the types of stores that should occupy the mall. The minimum and maximum number of each type of store (along with the square footage of each type) is given in the table below: Store Type Square Footage Minimum Maximum Jewelry 500 1 3 Shoe 600 1 3. Department 1,500 1 3 Book 700 0 3 Clothing 900 1 3 The annual profit made by each type of store will, of course, depend on how many stores of that type are in the mall, see the table next (all profits are units of $10,000): Number of stores Store Type 1 2 3 Jewelry 9 8 7 Shoe 10 9 5 Department 27 21 20 Book 16 9 7 Clothing 17 13 10 Each store pays 5% of its annual profit as rent to Simon's. Formulate a model whose solution will tell Simon's how to maximize rental income from the mall. Simon's Mall has 10,000 sq ft of space to rent and wants to determine the types of stores that should occupy the mall. The minimum and maximum number of each type of store (along with the square footage of each type) is given in the table below: Store Type Square Footage Minimum Maximum Jewelry 500 1 3 Shoe 600 1 3. Department 1,500 1 3 Book 700 0 3 Clothing 900 1 3 The annual profit made by each type of store will, of course, depend on how many stores of that type are in the mall, see the table next (all profits are units of $10,000): Number of stores Store Type 1 2 3 Jewelry 9 8 7 Shoe 10 9 5 Department 27 21 20 Book 16 9 7 Clothing 17 13 10 Each store pays 5% of its annual profit as rent to Simon's. Formulate a model whose solution will tell Simon's how to maximize rental income from the mall
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