A retail chain is considering opening a new location at the The Westla

A retail chain is considering opening a new location at the The Westlake Shopping Center, which has multiple store vacancies. The shopping center offers a variety of pricing options based on the specific space available and where in the mall the space is located.

The table on the next tab includes information about the location of each available space in the mall, the estimated number of shoppers that pass by the location, the monthly rent per square foot, the size of the space measured in square feet, the nonrefundable deposit needed to move into the space, and whether or not the cost of utilities is included in the monthly rent.

For every 1,000 consumers that pass the retailer's location per month, the retailer estimates that it can generate $50 in gross profit per square foot of retail space. For example, if the retailer leases a space that is 600 square feet in area and has 10,000 consumers pass by it per month, the retailer expects that space will generate [(10,000/1,000) * 50] * 600 = $300,000 in gross profit per month , before taking into account the cost of rent, labor, or utilities.

For locations where the shopping center does not pay for utilities, assume that utilities will cost $10 per square foot per month. Labor costs to keep the store open are a flat $50,000 per month, regardless of location. Assume that the retailer incurs no other costs to open or maintain the space.