The Shop at Home Network sells various household goods during live television broadcasts. The company owns several warehouses to hold many of the goods it sells
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Description
The Shop at Home Network sells various household goods during live television broadcasts. The company owns several warehouses to hold many of the goods it sells, but also leases extra warehouse space when needed. During the next five months the company expects that it will need to lease the following amounts of extra warehouse space: Month Square Feet Needed 20,000 30,000 40,00035,000 50 ,000 At the beginning of any month the company can lease extra space for one or more months at the following costs: Lease Term (months)1 Cost per Sq. Ft. Leased5595 130155S S185 So, for instance, at the start of month 1 the company can lease as much space as it wants for 4 months at a cost of 155 per square foot. Similarly, at the start of month 3 it can lease any amount of space for 2 months at a...