Outdoor Luggage, Inc., makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's mos popular models appear below. $ Ski Golf Fishing Guard Guard Guard 260 $ 350 $ 245 100 $ 150 $ 105 6 minutes 12 minutes 11 minutes 15 pounds 20 pounds 12 pounds Selling price per unit Variable cost per unit Plastic injection molding machine processing time required to produce one unit Pounds of plastic pellets per unit ded Required: 1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, h much contribution margin per minute of the constrained resource is earned by each product? 2. Which product offers the most profitable use of the plastic injection molding machine? 3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? 4. Which product offers the most profitable use of the plastic pellets? 5. Which product has the largest contribution margin per unit? a. 7. Wall Street securities firms paid out record year-end bonuses of $125,500 per employee for 2005 (Fortune, February 6, 2006). Suppose we would like to take a sample of employ- ees at the Jones & Ryan securities firm to see whether the mean year-end bonus is different from the reported mean of $125,500 for the population. State the null and alternative hypotheses you would use to test whether the year-end bonuses paid by Jones & Ryan were different from the population mean. b. Suppose a sample of 40 Jones & Ryan employees showed a sample mean year-end bonus of $118,000. Assume a population standard deviation of o = $30,000 and com- pute the p-value. With a = .05 as the level of significance, what is your conclusion? d. Repeat the preceding hypothesis test using the critical value approach. mutual funds from 1999 to 2003 c