Each morning, Mike Smith stocks the drink case at Mike's Beach Hut in Myrtle Beach, South Carolina. The drink case has 95 linear feet of refrigerated drink space. Each linear foot can hold either six 12-ounce cans or three 20-ounce bottles. (Click the icon to view the information on the cold drinks.) Mike's Beach Hut can sell all the drinks stocked in the display case each morning. Read the requirements Requirement 1. What is Mike's Beach Hut's constraining factor? What should Mike stock to maximize profits? - X Data Table The constraining factor is What should Mike stock to maximize profits? Complete the product mix analysis to determine which product would maximize Mike's profits. Kool-Time Kool-Time 20 oz. Bottles Pretty Pop 20 oz. Bottles 12 oz. Cans Sales price per unit Mike's Beach Hut sells three types of cold drinks: 1. Kool - Time in 12-oz. cans for $1.50 per can 2. Kool - Time in 20-oz. bottles for $2.00 per bottle 3. Pretty Pop in 20-oz. bottles for $2.35 per bottle Mike's Beach Hut pays its suppliers: 1. $0.25 per 12-oz. can of Kool - Time 2. $0.55 per 20-oz. bottle of Kool - Time 3. $0.70 per 20-oz. bottle of Pretty Pop Mike's Beach Hut's monthly fixed costs include: Variable cost per unit Contribution margin per unit Units per linear foot of shelf space x Hut rental $ 375 Contribution margin per linear foot of shelf space Refrigerator rental 85 Decision: Stock 1,400 Mike's salary $ 1,860 Total fixed costs of each product will be available for sale each day? (Abbreviation used: CM = contribution margin.) Requirement 2. Suppose Mike's Beach Hut refuses to devote more than 55 linear feet to any individual product. Under this conditio Mike's Beach Hut should stock its shelves as follows: First stock Print Done linear feet with the product that has the linear feet with the product that has the CM per linear foot - CM per linear foot - Next stock How many units of each product will be available for sale each day based on the product mixed determined in the preceding step? (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) Units for sale Kool-Time in 12 oz. cans: cans bottles Kool-Time in 20 oz. bottles: Pretty Pop in 20 oz. bottles: bottles Choose from any list or enter any number in the input fields and then continue to the next question. Each morning, Mike Smith stocks the drink case at Mike's Beach Hut in Myrtle Beach, South Carolina. The drink case has 95 linear feet of refrigerated drink space. Each linear foot can hold either six 12-ounce cans or three 20-ounce bottles. (Click the icon to view the information on the cold drinks.) Mike's Beach Hut can sell all the drinks stocked in the display case each morning. Read the requirements Requirement 1. What is Mike's Beach Hut's constraining factor? What should Mike stock to maximize profits? The constraining factor is What should Mike stock to maximize profits? Complete the product mix analysis to determine which product would maximize Mike's profits. Kool-Time Kool-Time Pretty Pop 20 oz. Bottles 12 oz. Cans 20 oz. Bottles Sales price per unit Variable cost per unit Contribution margin per unit Units per linear foot of shelf space Contribution margin per linear foot of shelf space Decision: Stock Requirement 2. Suppose Mike's Beach Hut refuses to devote more than 55 linear feet to any individual product. Under this condition, how many linear feet of each drink should Mike's stock? How many units of each product will be available for sale each day? (Abbreviation used: CM = contribution margin.) Mike's Beach Hut should stock its shelves as follows: First stock linear feet with the product that has the linear feet with the product that has the CM per linear foot - CM per linear foot - Next stock How many units of each product will be available for sale each day based on the product mixed determined in the preceding step? (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) Units for sale Kool-Time in 12 oz. cans: cans bottles Kool-Time in 20 oz. bottles: Pretty Pop in 20 oz. bottles: bottles Choose from any list or enter any number in the input fields and then continue to the next question. Each morning, Mike Smith stocks the drink case at Mike's Beach Hut in Myrtle Beach, South Carolina. The drink case has 95 linear feet of refrigerated drink space. Each linear foot can hold either six 12-ounce cans or three 20-ounce bottles. E: (Click the icon to view the information on the cold drinks.) Mike's Beach Hut can sell all the drinks stocked in the display case each morning. Read the requirements Requirement 1. What is Mike's Beach Hut's constraining factor? What should Mike stock to maximize profits? The constraining factor is What should Mike stock to linear feet of shelf space Complete the product mix ould maximize Mike's profits. ne Kool-Time number of customers per day number of Kool-Time cans number of Kool-Time bottles number of Pretty Pop bottles Pretty Pop 20 oz. Bottles ns 20 oz. Bottles Sales price per unit Variable cost per unit Contribution margin per unit Units per linear foot of shelf space Contribution margin per linear foot of shelf space Decision: Stock Requirement 2. Suppose Mike's Beach Hut refuses to devote more than 55 linear feet to any individual product. Under this condition, how many linear feet of each drink should Mike's stock? How many units of each product will be available for sale each day? (Abbreviation used: CM = contribution margin.) Mike's Beach Hut should stock its shelves as follows: First stock linear feet with the product that has the linear feet with the product that has the CM per linear foot - CM per linear foot - Next stock How many units of each product will be available for sale each day based on the product mixed determined in the preceding step? (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) Units for sale Kool-Time in 12 oz. cans: cans Kool-Time in 20 oz. bottles bottles Pretty Pop in 20 oz. bottles bottles Choose from any list or enter any number in the input fields and then continue to the next question. ? Each morning, Mike Smith stocks the drink case at Mike's Beach Hut in Myrtle Beach, South Carolina. The drink case has 95 linear feet of refrigerated drink space. Each linear foot can hold either six 12-ounce cans or three 20-ounce bottles. (Click the icon to view the information on the cold drinks.) Mike's Beach Hut can sell all the drinks stocked in the display case each morning. Read the requirements Requirement 1. What is Mike's Beach Hut's constraining factor? What should Mike stock to maximize profits? The constraining factor is What should Mike stock to maximize profits? Complete the product mix analysis to determine which product would maximize Mike's profits. Kool-Time Kool-Time Pretty Pop 20 oz. Bottles 12 oz. Cans 20 oz. Bottles Sales price per unit Variable cost per unit Contribution margin per unit Units per linear foot of shelf space Contribution margin per linear foot of shelf space Decision: Stock Requirement 2. pte more than 55 linear feet to any individual product. Under this condition, how many linear feet of each drink should Mike's stock? How many units of each product will be available for sale each day? (Abbreviation used: CM = contribution margin.) an equal number of each product Mike's Beach HU all 12 oz. cans of Kool-Time First stock CM per linear foot - all 20 oz. bottles of Kool-Time Next stock CM per linear foot- all 20 oz bottles of Pretty Pop How many units ur caci Pro HE AVENGVIS 1r saic cach day based on the product mixed determined in the preceding step? (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) Units for sale Kool-Time in 12 oz. cans: cans Kool-Time in 20 oz. bottles: bottles Pretty Pop in 20 oz. bottles bottles Choose from any list or enter any number in the input fields and then continue to the next
