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A warehouse storage building company must determine how many storage sheds of each size-large or small-to build in its new 8,000-square-foot facility to maximize rental income. Each large shed is 150 square feet in size, requires $1 per week in advertising, and rents for $50 per week. Each small shed is 50 square feet in size, requires $1 per week in advertising, and rents for $20 per week. The company has a weekly advertising budget of $100 and estimates that it can rent no more than 40 large sheds in any given week.

A warehouse storage building company must determine how many storage sheds of each size-large or small-to build in its new 8,000-square-foot facility to maximize rental income. Each large shed is 150 square feet in size, requires $1 per week in advertising, and rents for $50 per week. Each small shed is 50 square feet in size, requires $1 per week in advertising, and rents for $20 per week. The company has a weekly advertising budget of $100 and estimates that it can rent no more than 40 large sheds in any given week.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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2-30 A warehouse storage building company must determine how many storage sheds of each size-large or small-to build in its new 8,000-square-foot facility to maximize rental income. Each large shed is 150 square feet in size, requires $1 per week in advertising, and rents for $50 per week. Each small shed is 50 square feet in size, requires $1 per week in advertising, and rents for $20 per week. The company has a weekly advertising budget of $100 and estimates that it can rent no more than 40 large sheds in any given week.
Transcribed Image Text:2-30 A warehouse storage building company must determine how many storage sheds of each size-large or small-to build in its new 8,000-square-foot facility to maximize rental income. Each large shed is 150 square feet in size, requires $1 per week in advertising, and rents for $50 per week. Each small shed is 50 square feet in size, requires $1 per week in advertising, and rents for $20 per week. The company has a weekly advertising budget of $100 and estimates that it can rent no more than 40 large sheds in any given week.
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