Question: Referring to problem 3, is there a critical mass for stocking products on retail floors? In other words, how would you evaluate a retail clothing
Referring to problem 3, is there a critical mass for stocking products on retail floors? In other words, how would you evaluate a retail clothing store that crowded the aisles with clothing displays? How would you expect stock display congestion patterns to differ at a Wal-Mart versus a high-end retailer like Nordstrom?
Data from problem 3
The goal of a retail layout is to maximize profit per square foot of floor space. How does this principle affect your decision on how many products to stock in a retail clothing outlet?
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