Mugshot Monday and Smell the Roses have merged their companies to create MS Pottery. They have decided to stop making decorated vases, but have retained both Mugs and Plain Vases in their product catalog. They have also decided to pay commissions equal to 4% of total sales dollars. Below is the sales and cost information for each of the products before the merger. MS Potter believes they were each selling at the maximum market demand, 56,250 mugs and 30,000 vases. As part of the merger, MS Pottery is now sharing one kiln, which has a maximum capacity of 1,000,000 cubic inches per period, which is less than what would be required to produce both products in quantities to meet market demand. Perform the calculations to help MS Pottery calculate how many units of each product they should produce to maximize profits, given the market demand and the resource constraint of the kiln. Use whole dollars when the answer is a whole dollar amount. Otherwise, round to 2 decimals. Do not use the dollar sign (\$). Perform the calculations to help MS Pottery calculate how many units of each product they should produce to maximize profits, given the market demand and the resource constraint of the kiln. Use whole dollars when the answer is a whole dollar amount. Otherwise, round to 2 decimals. Do not use the dollar sign (\$). Analysis to Maximize Profits with a Resource Constraint Which product should MS Pottery make first? (answer Mugs or Vases) Calculate how many units of each product MS Pottery should produce to maximize profits. Mugshot Monday and Smell the Roses have merged their companies to create MS Pottery. They have decided to stop making decorated vases, but have retained both Mugs and Plain Vases in their product catalog. They have also decided to pay commissions equal to 4% of total sales dollars. Below is the sales and cost information for each of the products before the merger. MS Potter believes they were each selling at the maximum market demand, 56,250 mugs and 30,000 vases. As part of the merger, MS Pottery is now sharing one kiln, which has a maximum capacity of 1,000,000 cubic inches per period, which is less than what would be required to produce both products in quantities to meet market demand. Perform the calculations to help MS Pottery calculate how many units of each product they should produce to maximize profits, given the market demand and the resource constraint of the kiln. Use whole dollars when the answer is a whole dollar amount. Otherwise, round to 2 decimals. Do not use the dollar sign (\$). Perform the calculations to help MS Pottery calculate how many units of each product they should produce to maximize profits, given the market demand and the resource constraint of the kiln. Use whole dollars when the answer is a whole dollar amount. Otherwise, round to 2 decimals. Do not use the dollar sign (\$). Analysis to Maximize Profits with a Resource Constraint Which product should MS Pottery make first? (answer Mugs or Vases) Calculate how many units of each product MS Pottery should produce to maximize profits
