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Mathematics - Linear Programming Model

Personal Mini Warehouses (PMW) is planning to expand its successful Orlando business into Tampa. In doing so, the company must determine how many storage sheds of each size (large and small) to build in its 8,000-square-00 facility. 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. PMW has a weekly advertising budget of $100 and estimates that it can rent no more than 40 large sheds in any given week. Formulate PMW's problem as a linear program. Solve by using the graphical procedure, then by using Excel.

Solution Summary

A Complete, Neat and Step-by-step Solution is provided in the attached Excel file.

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