Answer:
A: Optimization in differences
B: Optimization in levels
C: Optimization in differences
D: Optimization in levels
Explanation:
Optimization in levels <em>Vs.</em> Optimization in differences
Optimization in levels is a method of selecting different alternatives on the basis of calculating net benefits( net benefits = benefits - costs) a person realizes from those alternatives.
Optimization in differences, on the other hand, is a method of selecting different alternatives on the basis of calculating change in levels of costs and change in levels of benefits to derive net change in benefits.
How to choose?
<u>Optimization in levels</u>: (net benefit) look at total benefit – total cost
<u>Optimization in differences</u>: look at the change in the net benefit of one option compared to another
Answer:
A quantity discount
Explanation:
A quantity discount analyses
This is often regarded as a technique used to examine the gradual growth change in cost between quantities all amidst or within a supplier's price quotation.
Its characteristics
1. This simply allows buyer to verify that quantity discounts are reasonable and also buyer may be able to negotiate price improvements
2. Buyer may be able to negotiate price improvements
Quantity Discount
This is simply a token or an incentive offered to a buyer that brings about in a decline in cost per unit of goods or materials when purchased in greater numbers. It is a marketing strategies used by sellers. It is offered by sellers to entice buyers to purchase in larger quantities.
Answer:
The correct answer is Market Segmentation.
Explanation:
Market segmentation is the division of the target audience of the company into groups or subgroups. Through market segmentation, the company can adapt its sales campaigns and marketing strategies to specifically target the identified segments.
Most businesses are unable to serve the entire market, so they must identify where they can sell their products better. A business, such as a shoe store, will do research in the shoe market. They will segment their market into groups such as:
- Age
- Sex
- Income level
- Geographic area
- Lifestyle
With market segmentation the store owner will know what merchandise to take to the store. If the immediate area is populated by women under 30 who work in financial services, the owner will have office-type merchandise to attract sales. Management will make announcements in local newspapers and on the radio, appealing to demographics and perhaps giving the store a change of facade.
Answer: Option (B)
Explanation:
Here, from the given option we can state that direct marketing is the correct option. Direct marketing is referred to as the type of communicating a proposal, under which an organizations tends to communicate straight to the pre-selected consumer and thus further supply the method or technique for the direct answer.
<u>Solution and Explanation:</u>
The budgeted cost of the direct labor for the month is calcuated as follows:
the given data:
Budgeted production is = 8000 units, time required of direct labor work in order to complete the production is = 40 minutes, the direct labor rate as given in the question is = $100 per hour.
Budgeted cost = time multply with rate of labor multiply with budgeted production
(40/60 multiply with 100) multiply with 8000 = 533,333.33
therefore, the budgeted cost = $533333.33 ( rounded of to 2 places).