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kolbaska11 [484]

4 years ago

5

A suggested approach to deleting products, in which each product is evaluated periodically to determine its impact on the overal

l effectiveness of a firm's product mix, is called a(n):

1 answer:

Step2247 [10]4 years ago

7 0

Answer: "systematic review" .
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a may be dfined as decriptio nof a proposed copmany that explains how it epxects to achieve its marketing

crimeas [40]

A business plan may be defined as a description not a proposed company that explains how it expects to achieve its marketing, financial, and operational goals.

<h3>What is a business plan?</h3>

A business plan outlines a company's goals and how it intends to reach them in great detail. A written road map for the company's marketing, financial, and operational goals is provided in a business plan. Business plans are used by both new businesses and established ones.

An essential document aimed at both internal and external audiences is a business plan. For instance, before a business has developed a track record that can be relied upon, a business plan is used to entice investment. Obtaining loans from financial institutions can also be aided by it.

A business plan can also keep the executive team of a company focused on achieving set objectives and on the same page about strategic action items.

To know more about 'Business plan', visit: brainly.com/question/1958071

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6 0

2 years ago

Tyler Smithson owns Joe on the Run, a small chain of three cof- fee shops, all of which are facing a challenge that is common to

prohojiy [21]

Answer:

A) To improve capacity the constraint that must be addressed is the preparation and dispatch constraint which is similar to all three shops.to address this a central preparation / dispatch center that serves all three shops the needed products should be created independently, with the primary purpose of mass preparation/dispatch to the coffee shops and not attending to customers which hampers the production of the three shops.

B ) To improve efficiency: packaging should be made ready at the drive thru station so that customer who drive in can quickly pick up the package without having to queue up for long. also consider preparing some orders on the menu that attracts the most customers ahead of time this way the queue would be reduced.

C ) At store level to improve performance proper stock taking should be essential to ensure there is enough products on the menu to serve to the customers

Explanation:

A) To improve capacity the constraint that must be addressed is the preparation and dispatch constraint which is similar to all three shops.to address this a central preparation / dispatch center that serves all three shops the needed products should be created independently, with the primary purpose of mass preparation/dispatch to the coffee shops and not attending to customers which hampers the production of the three shops.

B ) To improve efficiency: packaging should be made ready at the drive thru station so that customer who drive in can quickly pick up the package without having to queue up for long. also consider preparing some orders on the menu that attracts the most customers ahead of time this way the queue would be reduced.

C ) At store level to improve performance proper stock taking should be essential to ensure there is enough products on the menu to serve to the customers

7 0

3 years ago

Howard Weiss, Inc,. is considering building a sensitive new radiation scanning device. His managers believe that there is a prob

SpyIntel [72]

Answer:

<u>Consider the following information</u>

Probability of ATR coming up with a competitive product is 0.35

If ATR does not come up with a competitive product and H adds an assembly line, the profit is $60,000

If it adds an assembly line and ATR adds the product, the profit is $20,000

If H adds a new assembly but ATR does not come up with a competitive product, the profit is $600,000

If ATR does not enter the market, the loss for H is $120,000

<u>A) Expected value for the add assembly line option: </u>

The company would get a profit of $60,000 if ATR does not come up with a competitive product. If ATR comes up with a competitive product and H adds an assembly line, the profit is $20,000.

Probability of not coming up with a product is 0.65 (1-0.35)

Calculate the value if it does not come up with a new product line and H adds an assembly line as follows:

Value if it does not come up with a new product = 0.65 x $60,000

= $39,000

Calculate the value if it comes up with a new product line and H adds an assembly line as follows:

Value if it does come up with a new product = 0.35 x $20, 000 = $7,000

Calculate the expected value as follows:

Expected value = S39000 + $7000

Expected value =$46,000

<u>Expected value for build new plant option: </u>

If H adds a new assembly but ATR does not come up with a competitive product, the profit is $600,000

If ATR does not enter the market, the loss for H is $120,000

Calculate the value if H adds a new assembly but ATR does not come up with a competitive product as follows:

Value if it does not come up with a new product = 0.65 x $600000

= $390, 000

Calculate the value if ATR does not enter the market:

Value if it does not compete in market = 0.35 x -$120000 = -$42, 000

Calculate the expected value as follows:

Expected value= $390,000 - $42,000

Expected value =$348,000

The expected value of building a plant is more than the expected value of adding product line. Therefore, the best alternative is to build the plant.

<u>B) Calculation of expected value of perfect information (EVPI): </u>

EVPI = 0.65 x $600,000 + 0.35 x $120,000

EVPI = $390,000 + $42,000

EVPI =$432,000

<u>Calculation of value of return: </u>

Value of return = Value of perfect information - Maximum EMV

Value of return =$432,000 - 348,000

Value of return =$84,000

4 0

3 years ago

Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the product

Troyanec [42]

Answer and Explanation:

Given:

Product 1 Product 2 Product 3

Cost of product $20 $90 $50

Selling price $40 $120 $70

Selling cost $6 $40 $10

Computation:

Product 1 Product 2 Product 3

Product Cost $20 $90 $50

N.R.V ($40-$6)=$34 ($120-$40)=$80 ($70-$10)=$60

Per Unit Inventory Value $20 $90 $50

4 0

3 years ago

Listening well is an important skill that falls under what skill category?

olchik [2.2K]

Answer:

a.

Explanation:

3 0

3 years ago