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Include the steps in a table, please Major 1 18/10/2017 Q3. Ya Hala is a take-away food store at a popular beach resort. The owner
Include the steps in a table, please
Major 1 18/10/2017 Q3. Ya Hala is a take-away food store at a popular beach resort. The owner of this store is deciding how much refrigerator space to devote to four different drinks. Related data on these four drinks are as follows: Cola Lemonade Punch Orange Juice Selling price per casc (5) 7605 108 115 Vease Variable costs per case (5) 91 Cases sold per meter of shelf-space per day CAS lion tire factor The store has a maximum front shelf space of 12 meters to devote to the four drinks. The owner wants a minimum of 1 meter and a maximum of 6 meters of front shelf space for each drink. 158 230 81 120 181 25 24 5 M Required: 1) What is the contribution margin per case of each type of drink? (2 points) 2) The owner wants to arrange the cases in a way that maximizes the income. What shelf space allocation for the four drinks would you recommend for the store (2 points)? 3) What is the maximum total contribution? (1 point)Step by Step Solution
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