The shoe department accounts for 2,700 square feet in a store and achieved sales per square foot of $800. Calculate the total sales for the shoe department.
Total sales for the shoe department = total sales in square feet * sales per square feet
= 2700*800
= $2,160,000
The shoe department accounts for 2,700 square feet in a store and achieved sales per square...
Calculate sales per square foot, given: net sales = $167,500 sales area = 24 feet by 21 feet $96 $412 $291 $308 $332
Foot Locker uses sales per square foot as a measure of store productivity. Last year, the mean annual sales per square foot was $410 with a standard deviation of $54.38. Suppose you take a random sample of 36 Foot Locker stores operating last year. There is a 84% probability that the sample mean annual sales per square foot is at least $______.
Foot Locker uses sales per square foot as a measure of store productivity. Last year, the mean annual sales per square foot was $370 with a standard deviation of $38.54. Suppose you take a random sample of 64 Foot Locker stores operating last year. There is a 18% probability that the sample mean annual sales per square foot is at most $______. a. 374.4321 b. None of the answers is correct c. 365.5679 d. 334.5432 e. 405.4568
A sample of 7 department store sizes (in thousands of square feet) and revenues ( in million of dollars) are found to have a linear coefficient of 0.445. Find the critical valuesfor the linear correlation coefficient, assuming a 0.05 significance level. Is there sufficient evidence to conclude that there is a linear correlation between size and revenue of department stores?
uper Grocery store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments: Expense Basis for allocation Amount Administrative Square feet of floor space $ 30,000 Advertising Amount of dollar sales $ 23,000 The following information is available for its three operating (sales) departments: Department Square Feet Dollar Sales Produce 1,350 $ 95,000 Bakery 900 $ 45,000 Meats 2,250 $ 57,000 Totals 4,500 $ 197,000 What is the total administrative...
(1 point) The manager of Walton's Discount Shoe Store knows that daily revenue from shoe sales is normally distributed with mean $ 3500 and standard deviation $ 800. Find the probability (to four decimal places) that (a) on a particular day, revenue exceeds $ 4200. (b) on three consecutive days, revenue never exceeds $ 3500. (c) on four consecutive days, the average revenue exceeds $ 4300.
(1 point) The manager of Walton's Discount Shoe Store knows that daily revenue from shoe sales is normally distributed with mean $ 4500 and standard deviation $ 800. Find the probability (to four decimal places) that (a) on a particular day, revenue exceeds $ 4600. (b) on three consecutive days, revenue never exceeds $ 3500. (c) on four consecutive days, the average revenue exceeds $ 4300.
2) A furniture store has set aside 800 square feet to display its sofas and chairs. Each sofa utilizes 50 sq. ft. and each chair utilizes 30 sq. ft. At least five sofas and at least five chairs are to be displayed. A) Write a mathematical model representing the store's constraints. B) Suppose the profit on sofas is $200 and on chairs is $100. On a given day, the probability that a displayed sofa will be sold is .03 and...
The sales price (S) per square foot of a warehouse is strongly influenced by the truss height (fee), which from several warehouses and is provided below Truss Height 12 14 14 15 15 16 18-22 24-24 26 26 27 28 30 30 ines how high stored goods can be stacked. Truss heights and sales price per square foot were collected 35.53 37.82 36.90 40.00 38.00 37.50 41.05 48.50 47.50 46.20 50.35 49.13 48.07 0.90 S4.78 54.32 Price3 using your calculator...
The sales price (S) per square foot of a warehouse is strongly influenced by the truss height (fee), which from several warehouses and is provided below Truss Height 12 14 14 15 15 16 18-22 24-24 26 26 27 28 30 30 ines how high stored goods can be stacked. Truss heights and sales price per square foot were collected 35.53 37.82 36.90 40.00 38.00 37.50 41.05 48.50 47.50 46.20 50.35 49.13 48.07 0.90 S4.78 54.32 Price3 using your calculator...