All categories

3 years ago

Which business model seeks to reduce distribution expenses?

Business

1 answer:

beks73 [17]3 years ago

4 0

It is "cutting out the middleman", which seeks to reduce distribution expenses.

By avoiding the middleman, i.e. offering straightforwardly to you, the maker can list that equivalent item for, say $75 which because of a broker or retailer rises to at least 100 $, which it to appear is a lot of difference to the buyer, while in the meantime giving them significantly more benefit than they'd make selling to a store.

You might be interested in

A club sold 80 boxes of candy, some at $1.75 and some at $3.25. total revenue was $160. an appropriate equation to determine the

Lorico [155]

20 dollars each box i think

5 0

2 years ago

A researcher conducts a survey of people who use anxiety medications, recruited through an advertisement in the local paper. the

Darya [45]

The researcher has violated participant confidentiality and has made the validity of the study invalid. The people whose confidentiality was breached should be notified and they should have the right to revoke their information from the study. No one who believes they have participated with confidentiality should be subjected to having others know they were involved if they do not want that.

3 0

2 years ago

Walmart can use either self-service check out machines or cashiers to process customer purchases. For Walmart, self-service chec

OLga [1]

Answer:

a) Q = 100M + 60C

b) L = 0

c) L = Q / 60

d) Cost = $66.67

Explanation:

Let M be the self service machines and L be the cashiers hired by company.

M = self service machines

C = hired cashiers

Q = Total output

Each self service machine can process 100 orders per hour = 100M

Cashier can process 60 orders per hour = 60C

Then,

Q = 100M + 60C

Marginal Product of self service machine = 100 / 20 = 5 order per dollar

Marginal Product of cashier = 60 / 10 = 6 order per dollar

Marginal Product of cashier is higher than Marginal Product of self service machine(6 > 5).

Then, demand for self service machine is zero.

L = 0

L = Orders to be processed / Order processed per cashier

L = Q / 60

L = 400 / 60 = 6.66666667

Cost = L x 10 = 6.66666667 x 10 = $66.67

Hope this helps!

7 0

3 years ago

A partial payment given in order to show intent of purchase is called what?

mel-nik [20]

A down payment is a partial payment given in order to show intent of purchase. When you intend to make a purchase of an item but do not have the means to pay in full or if a full upfront payment is not required, a down payment may be. A down payment can be a set amount or percentage that is agreed upon by the purchaser and the seller for the intent to purchase the item in full. In most cases, there is a contract outlining the partial down payment and then when everything is due in full.

6 0

2 years ago

Compute the Cost of Goods Manufactured and Cost of Goods Sold for West Nautical Company for the most recent year using the amoun

Nadya [2.5K]

Answer:

All figures are imaginary .

Explanation:

West Nautical Company

Cost of Goods Manufactured (in millions). and Sold

Dr Cr

(000) (000)

Direct Materials (opening Inventory) 30,000

Add Purchases 10,000

Less Ending Inventory 6000

Direct Materials Used 34,000

Conversion Costs

Add Direct Labor 21,000

Factory Over Head

Indirect Materials 50

Indirect Labor 14,000

Rent On Factory Building 3000

Depreciation (equip) 5000

Utilities 4000

Property Tax 2000

Insurance 1000

Total Factory Overhead/ Total Manufacturing Costs 29,050

Deduct Under applied Overhead 250

Overhead applied to work in process 28,800

Total Manufacturing Costs  83,800

Add Beginning Work In Process 4000

Total Goods in Process 87,800

Less Ending Work In Process 39,800

Cost Of Goods Manufactured 48000

Add opening Finished Goods 12,000

Cost of Goods Available for Sale 60,000

Less Closing Finished Goods 24000

Cost Of Goods Sold 36000

Add underapplied overhead 250

Cost of goods Sold ( adjusted for under applied overhead** ) 36,250

** The company closes under applied or over applied overhead into cost of goods sold . Hence, $ 250 balance in under applied overhead is added to the cost of goods sold for the month.

5 0

3 years ago