Each morning, Mike McKnight stocks the drink case at Mike's Beach Hut in Daytona Beach, Florida. Mike's Beach Hut has 125 linear feet of refrigerated display space for cold drinks. Each linear foot can hold either five 12-ounce cans or four 20-ounce plastic or glass bottles. (Click the icon to view the information on the cold drinks.) The beverage stand can sell all drinks stocked in the display case each morn A Data Table Read the requirements. Requirement 1. What is the constraining factor at Mike's Beach Hut? What enerate from refrigerated drinks each day? The constraining factor is V. Mike's should sto Complete the product mix analysis to determine which product would maximi The beverage stand sells three types of cold drinks: 1. Grand-Cola in 12-oz, cans for $1.60 per can 2. Organic - Ade in 20-oz. plastic bottles for $1.80 per bottle 3. Tobe - Cola in 20-oz. glass bottles for $2.25 per bottle Mike's Beach Hut pays its suppliers the following: 1. $0.20 per 12-oz. can of grand-cola 2. $0.30 per 20-oz. bottle of organic-ade 3. $0.70 per 20-oz. bottle of tobe-cola Mike's Beach Hut's monthly fixed expenses include the following: Mike's Beach Hut Product Mix Analysis grand- 12 oz. Hut rental ...................$ Refrigerator rental .. 375 65 1,600 Mike's salary.... $ 2,040 Total foxed expenses ............... Print Done has the highest contribution margin per linear foot or men space. To maximize promes, Mike Soul Uevole anis men space to Choose from any list or enter any number in the input fields and then continue to the next question Each morning, Mike McKnight stocks the drink case at Mike's Beach Hut in Daytona Beach, Florida. Mike's Beach Hut has 125 linear feet of refrigerated display space for cold drinks. Each linear foot can hold either five 12-ounce cans or four 20-ounce plastic or glass bottles. 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 Mike's Beach Hut? What should Mike stock to maximize profits? What is the maximum contribution margin he could generate from refrigerated drinks cach day? The constraining factor is Mike's should stock the drink with the contribution margin. Complete the product mix analysis to determine which product would maximize Miku's profils Mike's Beach Hut Product Mix Analysis grand-cola 12 oz. Cans organic-ade 20 oz. Bottles t obe-cola 20 oz. Bottles has the highest contribution margin per linear foot of shelf space. To maximize profits, Mike's should devote all its shelf space to Choose from any list or enter any number in the input fields and then continue to the next question. Each morning, Mike Mcknight stocks the drink case at Mike's Beach Hut in Daytona Beach, Florida. Mike's Beach Hut has 125 linear feet of refrigerated display space for cold drinks. Each linear foot can hold either five 12-ounce cans or four 20 ounce plastic or glass bottles. (Click the icon to view the information on the cold drinks.) The beverage stand can sell all drinks stocked in the display case each moming. Read the requirements Product Mix Analysis grand-cola organic-ade 20 oz. Bottles tobe-cola 20 oz. Bottles 12 oz Cans Y has the highest contribution margin per linear foot of shelf space. To maximize profits, Mike's should devote all its shelf space to (Round your answer to the nearest whole dollar) The maximum contribution margin that Mike could generate cach day from refrigerated drinks is S Requirement 2. To provide variety to customers, suppose Mike refuses to devote more than 60 linear feet and no less than 20 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? Show how Mike should stock his shelves hasad On Arnh mdunt's ontribution margin (CMY: Choose from any list or enter any number in the input fields and then continue to the next question. Each morning, Mike McKnight stocks the drink case at Mike's Beach Hut in Daytona Beach, Florida. Mike's Beach Hut has 125 linear feet of refrigerated display space for cold drinks. Each linear foot can hold either five 12-ounce cans or four 20-ounce plastic or glass bottles. E: (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 2. To provide variety to customers, suppose Mike refuses to devote more than 60 linear feet and no less than 20 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? Show how Mike should stock his shelves, based on each product's contribution margin (CM): 1st stock maximum contraint of linear ft. with product having the C CM: Next minimum constraint of | linear ft. with product having the CM: Stock the remaining linear ft. with product having the CM: Now calculate the units available for sale based on the product mix determined above. Units for sale grand-cola in 12 oz. cans: organic-ade in 20 oz. bottles: tobe-cola in 20 oz. bottles: cans bottles bottles Each morning, Mike McKnight stocks the drink case at Mike's Beach Hut in Daytona Beach, Florida. Mike's Beach Hut has 125 linear feet of refrigerated display space for cold drinks. Each linear foot can hold either five 12-ounce cans or four 20-ounce plastic or glass bottles. (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 1st stock maximum contraint of linear ft. with product having the CM L Next minimum constraint of linear ft. with product having the L C M: Stock the remaining linear ft. with product having the L C M: Now calculate the units available for sale based on the product mix determined above. Units for sale grand-cola in 12 oz. cans: organic-ade in 20 oz. bottles: tobe-cola in 20 oz. bottles: cans bottles bottles Requirement 3. Assuming the product mix calculated in Requirement 2, what contribution margin will be generated from refrigerated drinks each day? (Round your answers to the nearest whole dollar) Contribution Margin grand-cola in 12 oz. cans: organic-ade in 20 oz. bottles: tobe-cola in 20 oz. bottles: Total Choose from any list or enter any number in the input fields and then continue to the next