Isak is preparing to open his new store, which will sell fashionable clothing for men.He needs to determine the best way to allocate the limited shelf space in his small store between his inventory of pants, shirts, and accessories.Isak should use __________.
A)linear programming
B)probability theory
C)queuing theory
D)break-even analysis

Question

Quizplus · Accepted Answer

Linear programming is a mathematical method that helps in determining the optimal allocation of resources. In this case, Isak can use linear programming to determine the best way to allocate shelf space between pants, shirts, and accessories to maximize profits while minimizing any potential wastage or shortage of inventory. Linear programming can help Isak to take into account various constraints such as the size and shape of the store, demand for each product, and available inventory levels while making inventory allocation decisions. Therefore, Isak should use linear programming to allocate shelf space in his store.

Isak Is Preparing to Open His New Store, Which Will