Update ork Question 8, E8-28A (similar to) HW Score: 67.86%, 6.79 of 10 points Part 2 of 7 Points: 0.05 of 1 Save Each morning, Mike Cole stocks the drink case at Mike's Beach Hut in Grand Isle, Louisiana. Mike's Beach Hut has 120 linear feet of refrigerated display space for cold drinks. Each linear foot can hold either six 12-ounce cans or five 20-ounce plastic or glass bottles. (Click the icon to view the information on the cold drinks.) The beverage stand can sell all drinks stocked in the display case each morning. Read the requirements. Requirement 1. What is the constraining factor at Mike's Beach Hut? What should Mike stock to maximize profits? What is the maximum contribution margin he could generate from refrigerated drinks each day? The constraining factor is linear feet of shelf space Mike's should stock the drink with the highest contribution margin. Complete the product mix analysis to determine which product would maximize Mike's profits. Mike's Beach Hut Product Mix Analysis right-cola energy drink orange soda 12 oz. Cans 20 oz. Bottles 20 oz. BottlesTUpdate ork Question 8, E8-28A (similar to) HW Score: 67.86%, 6.79 of 10 points Part 2 of 7 Points: 0.05 of 1 Save Each morning, Mike Cole stocks the drink case at Mike's Beach Hut in Grand Isle, Louisiana. Mike's Beach Hut has 120 linear feet of refrigerated display space for cold drinks. Each linear foot can hold either six 12-ounce cans or five 20-ounce plastic or glass bottles. X Data table The beverage stand sells three types of cold drinks: 1. Right - Cola in 12-oz. cans for $1.50 per can 2. Energy Drink in 20-oz. plastic bottles for $1.65 per bottle 3. Orange Soda in 20-oz. glass bottles for $2.25 per bottle imize profits? What is the maximum Mike's Beach Hut pays its suppliers the following: 1. $0.15 per 12-oz. can of right - cola 2. $0.45 per 20-oz. bottle of energy drink hest contribution margin. 3. $0.65 per 20-oz. bottle of orange soda Mike's Beach Hut's monthly fixed expenses include the following: Hut rental ... 345 Refrigerator rental . 85 rink Mike's salary . 1,450 orange soda ttles 20 oz. Bottles $ 1 880 Total fixed expenses Print Done10007 Update omework Question 8, E8-28A (similar to) HW Score: 67.86%, 6.79 of 10 points Part 2 of 7 Points: 0.05 of 1 Save K Each morning, Mike Cole stocks the drink case at Mike's Beach Hut in Grand Isle, Louisiana. Mike's Beach Hut has 120 linear feet of refrigerated display space for cold drinks. Each linear foot can hold either six 12-ounce cans or five 20-ounce plastic or glass bottles. EE (Click the icon to view the information on the cold drinks.) The beverage stand can sell all drinks stocked in the display case each morning. X Requirements e profits? What is the maximum 1. What is the constraining factor at Mike's Beach Hut? What should Mike stock to maximize profits? What is the maximum contribution margin he could generate from refrigerated drinks each day? contribution margin 2. To provide variety to customers, suppose Mike refuses to devote more than 70 linear feet and no less than 5 linear feet to any individual product. Under this condition, how many linear feet of each drink should be stocked? How many units of each product will be available for sale each day? 3. Assuming the product mix calculated in Requirement 2, what contribution margin will be generated from refrigerated drinks each day? orange soda 20 oz. Bottles Print Done