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Q. Cloris Tool also Die, located in Cleveland, OH enjoys a 4% share of a total market of 75,000 class C filtration units per year (retail price is $2,000 per unit). Jenna Johnson, president, estimates which variable production costs amount to $750 per unit also fixed manufacturing cost total $275,000 per year. In addition, shipping also packaging cost is $70,000 also annual advertising budget is $100,000. Cloris employs one sales representative at a salary of $40,000 per year.
If Johnson reduces advertising budget by $20.000 she expects to 75 fewer units. Should he lower her advertising budget?
His approximate d cost to carry 1 case of whiskey is $52 dollars per case per year. He approximates that it costs $21 to place a whiskey order. Explain how many cases should doc order each time he places an order.
Ten samples of a process measuring number of returns per 100 receipts were taken for a local retail store. Find out his standard deviation of sampling distribution.
Illustrate what are some of key technology elements that you see in your daily shopping. Illustrate what do you think will be next big technology development in order processing.
(a) Compute MAPE for management's technique, (b) Do management's results outperform (ex have smaller MAPE than) a naive forecast?, (c) Which forecast do you recommend, based on lower forecast error?
The airline estimates which the demand of full fare customers is between 51 also 100, all numbers equally likely. To maximize the expected revenue, should the airline sell one more discount ticket. Explain how many seats should the airline reserve fo..
associated with producing the brake shoes on every machine along with the available capacity on every machine. If the Corporation has received an order for 1,800 brake shoes, describe how should it schedule these machines.
Since the deregulation of the airline industry, fierce competition has forced Global Airlines to re-examine their operations for efficiency also economy. Describe how many agents should Global staff.
This reduction in demand will push equilibrium price back down to its original level. Since equilibrium price will remain unchanged, smokers will consume same number of cigarettes." Do you agree or disagree with this view. Explain.
describe the demographic makeup in these years; then identify industries that will be impacted by these data.
Illustrate what are other non-law enforcement organizations that we look to for protection? Explain how do they also "protect and serve" and explain how do they differ from law enforcement AND private security.
The Corporation's market research department advises the Corporation to use at most 90% of the advertising budget on television ads. Describe how should the advertising budget be allocated to maximize the total audience.
Describe Shutter fly's business-level strategy. Who is the targeted customer. Which customer needs does the Corporation satisfy. Describe how does the Corporation use its competencies to satisfy these needs.
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