Question: Determining the Optimal Product Mix with One Constrained Resource Comily Fit Company manufactures two types of university sweatshirts, the Swoop and the Rufus, with unit
Determining the Optimal Product Mix with One Constrained Resource Comily Fit Company manufactures two types of university sweatshirts, the Swoop and the Rufus, with unit contribution margins of 54 and 515 , respectively. Regardiess o type, each sweatshirt must be fed through a stitching machine to affix the appropriate university logo. The firm leases seven machines that each provides 1 , 000 hours o machine time per year, Each Swoop sweatshirt requires 6 minutes of machine time, and each fufus sweatshirf requires 30 minutes of machine time. Assume that there are no other constraints. Required: If required, round your answers to the nesrest whole number. If an amount is zero, enter "o". 1. What is the contribution margin per hour of machine time for each type of sweatshirt? 2. What is the optimal mix of sweatshirt? 3. What is the total contribution margin earned for the optimat max? x
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