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defon
2 years ago
5

Saks Fifth Avenue employs a quick response system to order fast-moving fashion items. Saks' point-of-sales scanner records each

sale. When stock falls below a minimum level, the system automatically sends an electronic order to the vendor (e.g., Donna Karan), which processes the order within 48 hours. This system has effectively reduced _____. Group of answer choices product flow supply lag logistical lag customer response cycle lead time
Business
1 answer:
nika2105 [10]2 years ago
4 0

This system has effectively reduced the <u>customer response cycle.</u>

<u></u>

<h3><u>Customer Response Time: What Is It?</u></h3>

Customer response time refers to the interval between placing an order and receiving products or services. It may also refer to a lag in client communications or responses from a company. To put it another way, it is the period of time between a customer's request for information on a product or commitment to buy a good or service and the time the customer actually receives it.

<h3><u>How can response times for customer service be shortened?</u></h3>
  • Put customer service software into use.
  • Use autoresponders for email.
  • Use time-based email notifications.
  • Utilize text shortcuts and templates.
  • Sort and order the emails you get into categories.

Learn more about the customer response system with the help of the given link:

brainly.com/question/14593567?referrer=searchResults

#SPJ4

<u></u>

<u></u>

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Ken and Daisy have both applied for the job position of a dietitian at a nursing home. Both of them are equally qualified and ha
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6 0
3 years ago
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Nanke Products, Inc., has a Sensor Division that manufactures and sells a number of products, including a standard sensor that c
Alexandra [31]

Answer:

$64

Explanation:

The minimum acceptable transfer price for the sensors from the standpoint of the Sensor Division is a price that would be the best for the performance evaluation of the <u>Sensor Division Manager </u>and also <u>best for the company</u>.

If the division is transferring items to another division the goals remain the same and the price is calculated as :

Minimum acceptable transfer price = variable costs - internal savings + opportunity cost

Therefore,

Minimum acceptable transfer price =  $20 + ( $64 - $20)

                                                            = $64

Therefore, the minimum acceptable transfer price for the sensors from the standpoint of the Sensor Division is $64 assuming that there is an opportunity cost of $44 that is ($64 - $20).

3 0
3 years ago
Assume the XYZ Corporation is producing 20 units of output. It is selling this output in a purely competitive market at $10 per
Katyanochek1 [597]

Answer:

40$

Explanation:

First of all we need to know the formula of the profit function in perfectly competitive market.

π(Profit of Firm)= TR(Total Revenue)-TC(Total Cost)=P(price)*Q(quantity)-(Variable Cost +Fixed Cost)

We have:

Q(quantity)=20units

P(price)=10$

Fixed Cost=100$

Average Variable Cost=3$ for 20 units, so we need to find Variable Cost.  

If we know: Average Variable Cost=Variable Cost/quantity of units==>  

3$=Variable Cost/20==> so, Variable Cost = 20*3=60$

Now let’s calculate the profit:

π(Profit of Firm)=TR(Total Revenue)-TC(Total Cost)=P(price)*Q(quantity)-(Variable Cost +Fixed Cost)=20*10-(100+60)=200-160=40$

As a result of the calculation, we  have found out that the profit is 40$

8 0
3 years ago
Read 2 more answers
1. Consider the following information for a project to add a drive-thru window at Crestview
creativ13 [48]

Based on the activity times, and the order of activities, the critical path is B ⇒ E ⇒ G ⇒ H.

The slack for Activity A is 8 weeks and the slack for Activity D is 8 weeks as well.

<h3>What is the critical path?</h3>

First find all the possible paths:

  • A ⇒ D ⇒ F ⇒ H - 21 weeks
  • B ⇒ D ⇒ F ⇒ H: 18 weeks
  • B ⇒ E ⇒ G ⇒ H: 29 weeks
  • C ⇒ G ⇒ H: 26 weeks
  • C ⇒ F ⇒ H: 20 weeks

The critical path takes the longest time so will be B ⇒ E ⇒ G ⇒ H: 29 weeks.

<h3>What is the slack for Activity A?</h3>

This can be found as:

= Latest finish for A - Earliest finish for A

Looking at the network, the earliest finish for A is 5 and the latest finish is 13.

Slack is:

= 13 - 5

= 8 weeks.

<h3>What is the slack for activity D?</h3>

Earliest finish for D is 7 and lastest finish is 15.

Slack is:

= 15 - 7

= 8 weeks.

Find out more on the critical path at brainly.com/question/8147877.

3 0
2 years ago
Catering Corp. reported free cash flows for 2008 of $8.14 million and investment in operating capital of $2.14 million. Catering
Neko [114]

Answer:

Catering's 2008 EBIT is $11.47 million

Explanation:

Operating cash flow = EBIT + Depreciation – Taxes

Also the same as EBIT = Operating cash flow - Depreciation + Taxes

When Operating cash flow = Free cash flows + Investment in operating capital

OCF = $8.14 million + $2.14 m illion

Operating cash flow = 10.28 million

EBIT = Operating cash flow - Depreciation + Taxes  

EBIT = 10.28 million - 0.95 million + 2.1 4 million

EBIT = $11.47 million

Catering's 2008 EBIT is $11.47 million

6 0
3 years ago
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