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zavuch27 [327]
1 year ago
13

A market research firm is studying the effects of price and type of packaging on sales of a particular product. Twenty-seven sto

res with shoppers of similar characteristics will be used in the study. The nine combinations of three price levels and three packaging types are the treatments of interest. Total sales of the product over a seven-week period will be recorded. Which of the following describes the best design to use for the study?
a. А completely randomized design Randomly assign the nine combinations of price level and packaging type that three stores use each combination
b. A completely randomized design. Randomly assign the three price levels so that nine stores use each price level
c. A completely randomized design. Randomly assign the three packaging types so that nine stores use each type of packaging
d. A randomized block design Use packaging as a block. Randomly assign the nine combinations of three price levels and three packaging types so that three stores use each combination
e. A randomized block design. Use packaging as a block Randomly assign nine stores to each packaging type, then randomly assign price level to three stores within each block.
Business
1 answer:
Readme [11.4K]1 year ago
8 0

d. A randomized block design use packaging as a block. Randomly assign the nine combinations of three price levels and three packaging types, using combination

By utilising a randomised block design, market research can improve the accuracy of the study's findings. RBD The market research firm should conduct the study using the following design:

In a randomised block design, or RBD, experimental units are divided into equal-sized groups or blocks, and each group is then assigned a treatment at random. The information is shielded from outside influences in this way.

In essence, an RBD is a method for organising every possible combination of variables in order to minimise outside errors. Think of the RBD as a building with floors and apartments, with each combination of elements representing a floor.

Learn more about randomized block here:

brainly.com/question/14499443

#SPJ4

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Since fixed costs remain constant in the short run, special orders should be accepted as long as the order price is greater than
NNADVOKAT [17]

Answer:

The given statement is True.

Explanation:

In the short run, fixed costs remain the same. There are only variable costs that are incurring and changing the costs incurred in the manufacturing of the products. So a company should accept the special orders as long as the rice of the order is greater than the variable cost incurred in the production of that order. For example, if there is a bakery which bakes cakes. They have their fixed cost of baking oven, the Chef, electricity, etc. They usually bakes sponge cakes. So if they receive the order of Chocolate cake, they can easily get this order because the fixed costs are same, and there will be a slight difference in the making of chocolate cake that can be covered in the price of the cake. So as long as the variable costs of the product is less than the order price, the company should continue producing the special orders.

4 0
4 years ago
The rule of addition applies when someone creates a replication of an item already patented but adds some sort of extra feature
Anon25 [30]

It is False

<h3>What is patent infringement?</h3>
  • Patent encroachment is the commission of a denied act concerning a protected innovation without consent from the patent holder. Consent may commonly be conceded as a permit.

  • The meaning of patent encroachment might fluctuate by ward, however it commonly incorporates utilizing or selling the licensed creation. In numerous nations, a utilization is expected to be business (or to have a business reason) to comprise patent infringement

  • The extent of the licensed development or the degree of protection is characterized in the cases of the allowed patent. At the end of the day, the particulars of the cases educate people in general regarding what isn't permitted without the consent of the patent holder.

To learn more about patent infringement from the given link

brainly.com/question/17061162

#SPJ4

7 0
2 years ago
What strategic goal can an IS attain that does not involve wresting market share from competitors? Provide some business example
pishuonlain [190]

Provide some business examples. The strategic goal which an IS can attain without involving wresting market share from competitors by following certain measures like: By lowering the price of units to sell while maintaining the quality of the products. By offering new products and services.

6 0
3 years ago
Which of the following statements about scholarships is not true
Artemon [7]
I hope this helps ,and i hopes it's right!

B, this answer is correct,

my reason being is because Scholarships are based off of things that you can do in school or sports, and they do not give them out because you can beat box or burp loud.
5 0
4 years ago
Read 2 more answers
Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $45,000 and a remain
rewona [7]

Answer and Explanation:

The computation is shown below;

For Alternative A

Cost to buy new machine -$119,000.00

Cash received $55,000.00

Reduction in variable manufacturing cost ($33400 - $23000) ×5 $52,000.00

Total change in net income -$12,000.00

For Alternative B  

Cost to buy new machine -$112,000.00

Cash received $55,000.00

Reduction in variable manufacturing cost ($33400 - $10200) × 5 $116,000.00

Total change in net income $59,000.00

So here Xinhong should purchase a machine that belong from Alternative B.

7 0
3 years ago
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