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Use Excel solver to find answer and please show step-by-step. Decision 4: Operations and Marketing - Product Mix Richelieu Specialty Paints has received a special
Use Excel solver to find answer and please show step-by-step.
Decision 4: Operations and Marketing - Product Mix Richelieu Specialty Paints has received a special order for two types of paints: Marine Coat, used on boats and Blocker, used on items that receive a great deal of strong, hot sun. Both paints use a UV blocking additive and a mold inhibitor. Richelieu currently has 240 litres of the mold inhibitor on hand and 300 litres of the UV blocking additive. Mold Inhibitor Used (litres per can) UV Blocking Additive Used (litres per can) CM per can Blocker 0.4 1 $3.00 Marine Coat 0.6 0.5 $6.00 The special-order customer has requested at least 200 cans of Marine Coat but will take up to 350 cans if available. The customer will take as much Blocker paint as Richelieu can provide. Amanda would like to generate the highest total contribution margin possible for this order and needs to know how much of each product should be made. Decision 4: Operations and Marketing - Product Mix Richelieu Specialty Paints has received a special order for two types of paints: Marine Coat, used on boats and Blocker, used on items that receive a great deal of strong, hot sun. Both paints use a UV blocking additive and a mold inhibitor. Richelieu currently has 240 litres of the mold inhibitor on hand and 300 litres of the UV blocking additive. Mold Inhibitor Used (litres per can) UV Blocking Additive Used (litres per can) CM per can Blocker 0.4 1 $3.00 Marine Coat 0.6 0.5 $6.00 The special-order customer has requested at least 200 cans of Marine Coat but will take up to 350 cans if available. The customer will take as much Blocker paint as Richelieu can provide. Amanda would like to generate the highest total contribution margin possible for this order and needs to know how much of each product should be madeStep by Step Solution
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