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a_sh-v [17]
2 years ago
9

because one of the major reasons for conducting a test market is to achieve , the test-market city should be representative of t

he marketing territory in which the product will ultimately be distributed.
Business
1 answer:
nignag [31]2 years ago
3 0

Representativeness is one of the major reasons for conducting a test market is to achieve external validity, the test-market city should be an accurate representation of the marketing area where the final product distribution will take place.

More about Representativeness:

A smaller amount or a smaller portion of something larger is what is meant by a representative sample. It exhibits the same characteristics and ratios as a bigger population.

In scientific research, a representative sample might be made up of subjects or even chemical compounds that could be evaluated in a lab to determine the outcome of a specific chemical reaction.

Learn more about the representative here:

brainly.com/question/28045625

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Read 2 more answers
aylor &amp; Edwards Inc. manufactures television sets. Last month, direct materials (electronic components, etc.) costing $550,0
fenix001 [56]

Answer:

Unitary prime cost= $170.24

Explanation:

Giving the following information:

Last month, direct materials (electronic components, etc.) costing $550,000 were put into production.

Direct labor= $880,000.

Manufacturing overhead equaled $495,000

The company manufactured 8,400 television sets during the month.

Unitary prime cost= (direct material + direct labor)/number of units

Unitary prime cost= (550000 + 880000)/8400= $170.24

7 0
3 years ago
The following planned figures have been developed by a buyer for next month: sales = $25,000; reductions = $1,500; BOM stock = $
sweet [91]

Answer:

The planned purchases are given as  $34,500 while the value of OTB is $28,900

Explanation:

The Planned purchases is given as

Planned Sales + Planned Markdowns + Planned End of Month Inventory - Planned Beginning of Month Inventory = Planned Purchases

So here the planned sales are 25000

The planned Reductions are 1500

The End of Month inventory is 88000

The Beginning of Month Inventory is 80000 So the value is given as

25000+1500+88000-80000= Planned Purchases

Planned Purchases =34500

The OTB is given as

OTB=Planned Purchases-Commitment

OTB=34500-5600

OTB=28900

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3 years ago
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