A corporation plans on building a maximum of 11 new stores in a large city. They will build these stores in one of three sizes for each location – a convenience store (open 24 hours), standard store, and an expanded services store. The convenience store requires \$4.125 million to build and 30 employees to operate. The standard store requires \$8.25 million to build and 15 employees to operate. The expanded-services store requires \$12.375 million to build and 45 employees to operate. The corporation can dedicate \$82.5 million in construction capital, and 300 employees to staff the stores. On the average, the convenience store nets \$1.2 million annually, the standard store nets \$2 million annually, and the expanded services store nets \$2.6 million annually.

How many of each should they build to maximize income?
What is the maximum income they will earn based on your answer in A?
Which kind of store – convenience, standard, expanded services – will contribute the most to corporate income?
Which kind of store – convenience, standard, expanded services – will contribute the least to corporate income?
Identify any constraints which are not fully utilized – which are they?

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You are devising a regression to value farms 100 acres or more. Data is in course files and is titled Test II bsad 2304 data spring 2021.xlsx. Your dependent variable – price per acre – will be explained by

Dummy variables(1=Yes) describing the property that include

is there a creek?
Is the land cultivated for farming (instead of suitable for hunting)
Is it heavily treed
Is it bordered by an asphalt road

Along with a continuous variables: the number of wells
And market characteristics for the county where the land was sold including:

average rainfall
average high temp
average low temp