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1 year ago

The fundmanetal philopshy behind _____ is to reduce investment in promotion and transfer part of the savings to lower price

1 answer:

8 0

The fundamental philosophy behind Everyday Low Pricing exists to decrease investment in promotion and transfer part of the savings to lower price.

<h3>What is Everyday Low Pricing?</h3>

Everyday Low Price (EDLP) is a pricing technique employed by merchants that guarantees customers the lowest prices in-store without the need to apply a coupon, wait for a sales event, or take any other steps to obtain an acceptable price on the goods they purchase. There are numerous companies that use an everyday low pricing strategy, including Wal-Mart, Amazon, Procter & Gamble, Winn-Dixie, and Trade Joe's. A survey indicates that 26% of American retailers use EDLP and 74% use high-low promotions.

You can reduce demand swings, prevent sales promotions, and improve your demand forecasting processes by using an everyday low pricing strategy. You can lower the price of your products using a cheap pricing plan to draw in more customers and boost sales.

Hence, The fundamental philosophy behind Everyday Low Pricing exists to decrease investment in promotion and transfer part of the savings to lower price.

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Consider a $10,000 machine that will reduce pretax operating costs by $3,000 per year over a 5-year period. Assume no changes in

ki77a [65]

Answer:

A) $83

Explanation:

First, find aftertax OCF per year

aftertax OCF = (Operating benefit - depreciation)*(1-tax) +depreciation

Depreciation per year = 10,000/5 = 2,000

Tax = 34%

aftertax OCF per year = (3,000 - 2,000)*(1-0.34) + 2,000

= 660 +2,000

= 2,660

Next, find the PV of the aftertax OCF per year. It is an annuity;

PMT = 2,660

N = 5

I/Y = 10%

FV = 0

then CPT PV = 10,083.493

Subtract the initial cost of the machine to find the Net Present Value (NPV);

NPV = -$10,000 + $10,083.493

NPV = $83.493

8 0

3 years ago

What is the Urban Dictionary definition of Makenzie

dusya [7]

Makenzie's are so awesome, funny, athletic, sweet, kindhearted and you will always laugh whenever your around a Makenzie. Makenzies and the most coolest people in the whole world you have to know a Makenzie now.

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3 years ago

Afina-wow [57]

Similar to a stock split, a stock <u>dividend</u> also distributes additional shares of stock to existing stockholders on a pro rata basis at no cost to the stockholders.

A stock split is a decision made by the board of directors of a firm to issue more shares to present owners in order to increase the number of shares outstanding.

A stock split is a division of issued shares in a ratio determined by the company, whereas a stock dividend is a dividend paid in the form of extra shares. While in a stock split, already issued shares are divided in accordance with a predetermined ratio, a stock dividend gives stockholders extra shares.

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1 year ago

For a binomial experiment with r successes out of n trials, what value do we use as a point estimate for the probability of succ

trapecia [35]

Answer: $\dfrac{r}{n}$

Explanation:

If r is the number of successes out of n trials , then the sample proportion of success = $\hat{p}=\dfrac{r}{n}$

For binomial experiment , if the population probability of success p on a single trial is not given , then the best point estimate for probability of success p on a single trial is the sample proportion of successes.

i.e. a point estimate for the probability of success p on a single trial :

$p=\hat{p}=\dfrac{r}{n}$

Hence, a point estimate for the probability of success p on a single trial = $\dfrac{r}{n}$

4 0

3 years ago

In Florida it is customary for the seller to pay the document tax on the deed. If the sale price is $115,000, how much will the

Dennis_Churaev [7]

Answer:

805

Explanation:

The document tax which is to be paid by the seller in Florida on deed is $0.70 per $100 of the sale value.Based on this, the document tax on the sale price of $115,000 shall be calculated as follows:

Document tax=(Sale value/100)*0.70

Sale value=$115,000

Document tax=(115,000/100)*0.70

=1,150*0.70

=805

4 0

2 years ago