To meet the target the projected output level for next year required is 712,750.
What is sales budget ?
A sales budget is a financial strategy that projects the entire income of a business over a given time frame. To forecast the performance of the company, it relies on two factors: the volume of products sold and the price at which they are sold.
The calculation of the production level required to accomplish the goals for the following year is presented below:
Ending Inventory (662,000 ÷ 12 × 1.5) 82,750
Sales Budget 662,000
Total inventory required 744,750
Less Beginning Inventory -32,000
Production 712,750
Question:
Waterloo, Ltd. manufactures a component used in aircraft navigation systems. Demand has been strong and the executive staff at Waterloo is planning for next year. Yesterday, you were called into a budgeting meeting where production plans are being reviewed. You learn that the inventory policy at Waterloo is to hold one and one-half months’ worth of sales (to avoid issues with transportation disruptions). The sales budget for next year is 662,000 units, spread evenly over the year. Because of an unexpected increase in demand, inventory at the end of this year is expected to be only 32,000 units. The capacity of the plant is 702,000 units annually.1. What production level next year will be required to meet the targets? (Do not round intermediate calculations.)
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Answer:
effective email marketing strategy
Explanation:
An email marketing strategy is used to market products and services by using the email channel.
An effective email strategy should not only market a company's goods, but it should also nurture the relationship between the consumer and the company in a human and helpful way. In order for an email strategy to work, a company's emails must be sent to the right person (segmentation) and contain the right message (personalization) and be sent at the right time.
Answer:
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The true statements about service encounters in services industries are:
- A mixture of positive and negative interactions makes customers unsure of an industry's quality.
- Each encounter of customers with service firms contributes to their overall satisfaction.
<h3>What is service encounter in a service industry?</h3>
The term "service encounter" refers to a consumer's direct connection with a service provider, which includes face-to-face interaction that is related to a primary service offering.
- Service encounters were viewed as a dyadic process of client interactions.
- Service encounters are essential because they may have a significant impact on customer satisfaction.
From the information given:
The true statements about service encounters in services industries are:
- A mixture of positive and negative interactions makes customers unsure of an industry's quality.
- Each encounter of customers with service firms contributes to their overall satisfaction.
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