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DENSITY CLASS HOUSEHOLDS DESCRIPTION PER SQ. MILE 1 Super Urban 8,000+ Urban 4,000-7,999 Light Urban 2,000-3,999 4 First Tier Suburban 1,000-1,999 Second Tier Suburban 600-999 Exurban/Small 100-599 Rural 66-0

DENSITY CLASS HOUSEHOLDS DESCRIPTION PER SQ. MILE 1 Super Urban 8,000+ Urban 4,000-7,999 Light Urban 2,000-3,999 4 First Tier Suburban 1,000-1,999 Second Tier Suburban 600-999 Exurban/Small 100-599 Rural 66-0

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Red Lobster also defines its trade areas based on market size
and population density. Here are its seven density classes:                                                                       The majority (92%) of the Red Lobster restaurants fall into
three of these classes. Which three classes do you think the
chain has the most restaurants in? Why?
DENSITY CLASS HOUSEHOLDS DESCRIPTION PER SQ. MILE 1 Super Urban 8,000+ Urban 4,000-7,999 Light Urban 2,000-3,999 4 First Tier Suburban 1,000-1,999 Second Tier Suburban 600-999 Exurban/Small 100-599 Rural 66-0
Transcribed Image Text:DENSITY CLASS HOUSEHOLDS DESCRIPTION PER SQ. MILE 1 Super Urban 8,000+ Urban 4,000-7,999 Light Urban 2,000-3,999 4 First Tier Suburban 1,000-1,999 Second Tier Suburban 600-999 Exurban/Small 100-599 Rural 66-0
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