Question
Each morning, JoelJoel ImeryImery stocks the drink case at JoelJoel's Beach Hut in Naples comma FloridaNaples, Florida. JoelJoel's Beach Hut has 115115 linear feet of
Each morning,
JoelJoel
ImeryImery
stocks the drink case at
JoelJoel's
Beach Hut in
Naples comma FloridaNaples, Florida.
JoelJoel's
Beach Hut has
115115
linear feet of refrigerated display space for cold drinks. Each linear foot can hold either
sevenseven
12-ounce cans or
fivefive
20-ounce plastic or glass bottles.
LOADING...
(Click the icon to view the information on the cold drinks.)
The beverage stand can sell all drinks stocked in the display case each morning.
Read the requirements
LOADING...
.Requirement 1. What is the constraining factor at
JoelJoel's
Beach Hut? What should
JoelJoel
stock to maximize profits? What is the maximum contribution margin he could generate from refrigerated drinks each day?The constraining factor is
linear feet of shelf space
.
JoelJoel's
should stock the drink with the
highest
contribution margin.Complete the product mix analysis to determine which product would maximize
JoelJoel's
profits.
Joel's Beach Hut | ||||||
Product Mix Analysis | ||||||
| grand-cola | root beer | orange soda | |||
| 12 oz. Cans | 20 oz. Bottles | 20 oz. Bottles | |||
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Choose from any list or enter any number in the input fields and then click Check Answer.
The beverage stand sells three types of cold drinks:
1.
Grand minus ColaGrandCola
in 12-oz. cans for
$ 1.40$1.40
per can
2.
Root BeerRoot Beer
in 20-oz. plastic bottles for
$ 1.65$1.65
per bottle
3.
Orange SodaOrange Soda
in 20-oz. glass bottles for
$ 2.25$2.25
per bottle
JoelJoel's
Beach Hut pays its suppliers the following:
1.
$ 0.25$0.25
per 12-oz. can of grand minus colagrandcola
2.
$ 0.40$0.40
per 20-oz. bottle of root beerroot beer
3.
$ 0.65$0.65
per 20-oz. bottle of orange sodaorange soda
JoelJoel's
Beach Hut's monthly fixed expenses include the following:
Hut rental. . . . . . . . . . . . . . . . . . . . . . . | $380 |
Refrigerator rental. . . . . . . . . . . . . . . . | 65 |
Joel's salary. . . . . . . . . . . . . . . . . . . . | 1,500 |
Total fixed expenses. . . . . . . . . . . . . . | $1,945
|
1.
What is the constraining factor at
JoelJoel's
Beach Hut? What should
JoelJoel
stock to maximize profits? What is the maximum contribution margin he could generate from refrigerated drinks each day?
2.
To provide variety to customers, suppose
JoelJoel
refuses to devote more than
7070
linear feet and no less than
1010
linear feet to any individual product. Under this condition, how many linear feet of each drink should be stocked? How many units of each product will be available for sale each day?
3.
Assuming the product mix calculated in Requirement 2, what contribution margin will be generated from refrigerated drinks each day?
core: 0.29 of 6 pts HW Score: 75.38% 22.6 E8-26A (similar to) schisi Nape Fonds con toccans oct 30 col labo Each morning, Joemeryto d the e che con to view the comedion on the cold on The b estand on the te a ching k oma Requirement. What is to contacter Box Who Shou The constraining cours e el sho for an w Com the product mix h istorinews.ch producto Joel's Beach HM ProMet Analysis grand-cola 12 o C D 2 1 ecode 105 2 25 porto 200 3. 0 co 00 5 i Data Table for cold in heo The beverage stand sells three types of cold drinks: 1. Grand - Cola in 12-oz. cans for $1.40 per can 2. Root Beer in 20-oz. plastic bottles for $1.65 per bottle 3. Orange Soda in 20-oz. glass bottles for $2.25 per bottle Joel's Beach Hut pays its suppliers the following 1. $0.25 per 12-oz can of grand-cola 2. $0.40 per 20-oz. bottle of root beer 3. $0.65 per 20-oz bottle of orange soda Joel's Beach Hut's monthly fixed expenses include the following: Hut rental Refrigerator rental 380 65 1,500 Joel's salary Total fixed expenses 1,945 Print Done Each moming, Joel Imery stocks the drink case at Joel's Beach Hut in Naples, Florida. Joel's Beach Hut has 115 linear feet of refrigerat! (Click the icon to view the information on the cold drinks.) The beverage stand can sell all drinks stocked in the display case each morning Read the requirements Requirement 1. What is the constraining factor at Joel's Beach Hut? What should Joel stock to maximize profits? What is the maimum The constraining factor is linear feet of shelf space J oel's should stock the drink with the highest contribution margin Complete the product mix analysis to determine which product would maimize Joel's profits. Joel's Beach Hut Product Mix Analysis grand-cola root beer orange soda 12 oz. Cans 20 oz. Bottles 20 oz. Bottles Choose from any list or enter any number in the input fields and then click Check Answer. 5 5 parts remainingStep by Step Solution
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