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Ocean and Fish is a takeout food store at a popular beachside resort. Tommy Tillett, owner of Ocean and Fish, is deciding how much
Ocean and Fish is a takeout food store at a popular beachside resort. Tommy Tillett, owner of Ocean and Fish, is deciding how much refrigerator space to devote to each of four different beverages. Appropriate data on the four beverages follow: Sales price per case Variable manufacturing costs per case Variable selling cost per case Cases sold per foot of shelf space per day Limeade $ 22.20 12.50 2.00 34 Lemonade $28.00 14.50 6.00 29 Ginger $ 21. 11. 2. Ocean and Fish has a maximum 19 feet of front shelf space to devote to the four beverages combined. Tommy wants to use a minimum of two feet and a maximum of seven feet of front shelf space for each beverage. The contribution margin per case for Limeade is:
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