Answer:
a. 1/22 customers per minute
b.1/12 customer per minute
c. 1/12 customer per minute
d.11/140 customer per minute
Explanation:
Check attachment for calculation
Answer:
contractual vertical
Explanation:
A vertical marketing system can be defined as a form of cooperation that exists between the different levels that makes up a distribution channel. The individuals in the channel ensure that they work in unity inorder to accelerate the rate of efficiency.
The three elements that constitutes a a vertical marketing system include:
- Producer
- Wholesaler
- Retailer
In a corporate vertical marketing system a single organization is responsible for production, development, marketing, and distribution of a particular product. All levels of the distribution channel is handled by a single company.
The appropriate response is diseconomies of scale. Diseconomies of scale is a monetary idea alluding to a circumstance in which economies of scale never again works for a firm. With this guideline, as opposed to encountering kept diminishing expenses and expanding yield, a firm observes an expansion in minor costs when yield is expanded.