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3 years ago

When applying simulation to a business problem, which of the following would commonly be an uncertain variable cell?

Business

1 answer:

AnnZ [28]3 years ago

3 0

The Demand would commonly be an uncertain variable cell

Explanation:

Consumer demand is a catalyst for retail sales. In turn, production and delivery to distributors must continue for suppliers and distributors. The lack of an adequate inventory to satisfy consumer demand is an important business issue with several symptoms.

The first major problem with inadequate inventory to meet demand is revenue failure.

In the long run, the depletion of consumers is a major concern not to meet consumer demand.

When you have unhappy customers on the street you have poor word of mouth ads. Although the issues in the company carry more weight, failure to meet consumer demand has several other economic effects.

For a client, realising a commodity you want is not available is disappointing.

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To make low-profit customers more profitable the ABC bike shop-

Anna007 [38]

Answer:

C) allows existing customers to upgrade to a newer model by trading in their older model.

D) though it previously offered free delivery, now charges for deliveries made outside the city.

Explanation:

If ABC company wants to change low profit customers into more profitable customers, they need to:

encourage low profit clients to buy larger quantities by offering promotions (e.g. get a discount if you buy a bike, helmet and other gear all together)
forgo certain services or features to low profit customers, e.g. free delivery only for expensive bikes
increase the price of your product for low profit customers (e.g. charge a delivery cost for cheap bikes)
offer upgrading options to low profit clients

8 0

3 years ago

The arguments for restricting trade Suppose there is a policy debate regarding the United States’ imposing trade restrictions on

Ilya [14]

Answer:

Infant-industry argument

Explanation:

Infant-industry argument says that a particular industry can't compete with other international competitors because of the economies of scale. So, they demand a temporary protection until they gain economies of scale to be ready to compete on a level playing field.

Note: This can also come in the category of 'unfair competition' argument as huge economies of scales of well established companies create an unfair environment for nascent industries to compete on a same level.

7 0

3 years ago

Had columbus's voyage acquired wealth for spain, he was supposed to keep what amount?

kotegsom [21]

He was supposed to keep 10%.
The 10% share was one of the columbus demand' when both columbus and the crown agreed to the terms for his voyage fundinsg.
But, since <span>he had been relieved of his duties as governor, the Crown no longer feel obligated to honour the term of the contract.</span>

5 0

3 years ago

What is the money multiplier when the reserve requirement is

Katyanochek1 [597]

Answer:

Money multiplier= 1 / reserve requirement

a. Reserve requirement = 0.09

Money multiplier = 1 / 0.09

Money multiplier = 11.11

b. Reserve requirement = 0.25

Money multiplier = 1 / 0.25

Money multiplier = 4

c. Reserve requirement = 0.12

Money multiplier = 1 / 0.12

Money multiplier = 8.33

d. Reserve requirement = 0.04

Money multiplier = 1 / 0.04

Money multiplier = 25

3 0

3 years ago

BioGrow Pharma Inc. wanted its research partner, an R&D company, to develop a cancer vaccine. However, the project required

grigory [225]

Answer: credible commitment

Explanation:

From the question, we are informed that BioGrow Pharma Inc. wanted its research partner, an R&D company, to develop a cancer vaccine but that the project required huge capital investments, and its research partner was not ready to solely face the risks involved.

Therefore, to gain its partner's confidence and to prove its involvement, BioGrow Pharma invested $100 million in the project. This investment made by BioGrow Pharma will result in a credible commitment.

4 0

3 years ago