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BE 5 . 8 ( LO 3 ) , AP An icon reads, Excel. Rachel wants to use her knitting skills to make a little
BELO AP An icon reads, Excel. Rachel wants to use her knitting skills to make a little extra money so she can enjoy a theatre weekend with her besties. Shes got a pattern down for a hat, scarf, and mittens, but she realizes that her available time is limited She should be able to sell as many of any item as she can make they all sell for $ but she only has hours available between now and her theatre outing. See below for cost and time information.
Hat
Scarf
Mittens
Time minutes
Cost of yarn per unit
$
$
$
Using Excel Solver, calculate how many of each item Rachel should make in order to maximize her contribution margin given her time constraint.
Evaluate a special order decision.
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