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Assignment No 1. Note : Make a group of 5 to 6 students.

Topic: Linear Programming A) Maximizing profit per sq ft (square foot) for a retail outlet. Choose a retail outlet of your interest (Organised retail players will be the best option) Understand the space allocation for different categories of products (staples, FMCG, fruits and vegetables, plastics, other utilities, basic garments...etc..) Understand the margin structure of each category Understand the spatial (space) as well as other constraints under which the shop is operating Understand the sale patterns of each category and stock requirements Understand the refilling patterns of different categories Formulate a Linear Programming Model to maximize profit per square foot Solve it using solver Make a space allocation plan for that shop based on your calculations and make recommendations to the shop owner/company Document all your hurdles and how you overcame them Make a comprehensive report about the whole chain of events and report as Assignment 1

Or B) 1. Find out from transporters about standard size of containers used for transporting goods by road. 2. Find out package size and weight of 3 to 4 consumer durable goods of any one company (Phillips, Samsung, Sony etc.) 3. Find profit margins for each item. 4. Formulate a Linear Programming Model to maximize profit 5. Solve it using solver 6. Document all your hurdles and how you overcame them 7. Make a comprehensive report about the whole chain of events and report as Assignment 1 Or C) An ice-cream parlour sells ice creams of various flavours in different sizes (small cups, large cups, family packs etc.) These ice-creams are procured in packages of different sizes and each package would have a number of icecreams. The packages are stored in deep freezers at the outlet. Visit an ice-cream parlour and formulate the linear programming model to maximize the profit. Solve the problem using Excel- solver. Make a comprehensive report about the whole chain of events and report as Assignment 1

Note: 1) List the assumptions made. 2) Keep in mind the constraints like storage capacity, demandetc.) Important Instruction While the data collection is being carried out as a group, each student is to carry out the analysis independently and submissions are also to be individually.