Promotion mix
<h2>What is Promotion mix?</h2>
By using the goal rate of return on investment, or what the company anticipates from the venture's investments, the firm sets the price for a product or service. The rate of return pricing helps the business generate the necessary amount of profit to keep its liquidity. The price is set so that if sales continue to grow at the rate they are now, the ultimate objective of creating corporate profit is achieved.
<h3>What is the objective of Promotion mix?</h3>
- To inform potential customers about the features, availability, and applications of items.
- To increase demand, clients' awareness and interest must be raised.
- To set a product apart from rival products by fostering brand loyalty.
- To maintain sales by emphasizing the usefulness of the product.
Promotion has often been the target of criticism. Some opine that “promotion contributes nothing to society”, and for some others “promotion forces consumers to buy products they cannot afford and do not need”, and so on. It may be true that promotion can certainly be criticized on many of its aggressive and compelling factors. But it should also be recognized that it plays a crucial role in modern society, particularly in business, economic and social spheres of influence.
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Answer:
TAKT time: 840 seconds
maximum output: 315 coolers.
Explanation:
The takt time refers to matching the production pace with the demand
To produce 30 coolers per 7-hours day we need an outpot of:
7 hours x 60 minutes x 60 seconds = 25,200
output of 30 coolers
takt: 25,200 / 30 = 840 seconds
producing a cooler every 840 seconds is the takt time.
Maximum output:
If the company does several cooler in parallel it will have a bottle neck in the longest individual task so, this time determinates the maximum output.
25,200 second of working time available
80 second longest task to complete a cooler:
25,200 / 80 = 315 coolers.
The correct answer that would best complete the given statement above is the term CREDIT and DEBIT. So here is the complete answer. <span>Purchase return and allowances is a contra account, and its normal balance would be a credit and debit. Hope this answers your question.</span>
Answer:
A- A. The clerk and the cashier have access to cash, but not to the accounting records
Answer:
a) 493.71
b) 987.42
c) 987.42
Explanation:
a) The formula for Economic Order Quantity (EOQ) is :
EOQ = 
where
- D : Demand in Units (typically on annual basis)
- S : Order cost (per purchase order)
- H : Holding Cost (per unit, per year
Therefore EOQ = 
EOQ = 493.71
b) Annual Holding Cost= (Q * H) / 2 = 
= 987.42
c) Annual ordering cost = (D * S) / Q = 
= 987.42
