Answer:
Explanation:
The two variables that would be most predictive of purchase intent for the all-in-one washer-dryer are:
1. Household size: Dryer costs almost 50% ((1499-1000)/1000) more than the average dryer. Also, it can wash more clothes than the average ones. Therefore, it would be more reasonable for households with many people. Households with 2-3 people would not find it worthwhile to invest bigger amount of money.
2. Dwelling size: Another factor is dwelling size because in some houses it might not fit. Large houses may not have such issue but smaller house might consider the size before considering the purchase.
Answer:
4 baseballs
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If brain decides to produce softballs, he would be forgoing the opportunity to produce baseballs. The opportunity cost of producing one softball is : 8/2 = 4 baseballs
I hope my answer helps you
Answer:
$9,000
Explanation:
The formula to compute the inventory turnover ratio is shown below:
Inventory turnover ratio = Cost of goods sold ÷ average inventory
where,
Average inventory = (Opening balance of inventory + ending balance of inventory) ÷ 2
= ($2,000 + $1,000) ÷ 2
= $1,500
So, the cost of goods sold is
6 times = Cost of goods sold ÷ $1,500
So, the cost of goods sold is $9,000
Windsor's gross profit for the month is:C. $1520.
<h3>Gross profit</h3>
First step
January purchase:
Purchase= 130 - (210 - 130)
Purchase=130-80
Purchase= 50 units
Sales revenue= (260 + 50) x 9
Sales revenue=310×9
Sales revenue= $2,790
Second step
Cost= (260 x 4) + (50 x 4.60)
Cost=1,040+230
Cost= $1,270
Third step
Gross profit:
Gross profit= 2,790 - 1,270
Gross profit= $1,520
Therefore the correct option is C.
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Answer:
operational Excellence
New Product, Services & Business models
Customer & Supplier Intimacy
Operational excellence
Improved decision making
Competitive advantage
Survival
Explanation:
1) Operational Excellence – Information systems are essential tools available to managers in order to achieve optimum levels of efficiency and productivity in business operations thereby higher profitability.
2) New product services and business models – They play a vital role in the creation of new products and services. New business models help to create,describe how a company produce, create and sell the products for profitability.
3) Customer and Supplier intimacy – Information system provide the foundation of customer satisfaction. they make sure a business serves its customers well, thereby improving customer satisfaction that will enable customer to purchase more and generate revenue
4) Improved decision making – they generate real time data from the marketplace when making decision
5) Competitive advantage – Information System help in doing things better than competitors, charging less for superior products, and responding to customers and suppliers in real time all add up to higher sales, and higher profits
6) Day to Day survival – Information System help to provide ease in business