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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

BE5.8(LO 3), 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 $15), but she only has 20 hours available between now and her theatre outing. See below for cost and time information.
Hat
Scarf
Mittens
Time (minutes)
20
30
40
Cost of yarn (per unit)
$4
$6
$4
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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