The cost of underestimating the demand is considered a revenue loss that arises due to cancellation of flight costing $134. Hence, cost of underetimating the demand is
.
The cost of overestimating the demand is known as rewards. For example, free round trip ticket worth $263. Hence, the cost of overestimating the demand is
.
The z-score that yields a p-value of 0.3375 is -0.4193.
Thus, super discount airlines should overbook the flight by 35 + (-0.4193 x 24) = 35 - 10.0632 = 24.9368 = 25 seats.
Therefore, super discount airlines should overbook the flight by 25 seats.
Answer: the correct answer is a. a competitive weapon for companies
Explanation:
Pricing has an important role as a competitive weapon to help a business exploit market opportunities. Pricing also has to be consistent with the other elements of the marketing mix, since it contributes to the perception of a product or service by customers.
Computer-Aided Design (CAD)... is a type of software application that assists professionals and designers in creating engineering, architectural, and scientific designs and models.
Answer:
Explanation:
Selling Price Commission Shipping NRV Cost
A 220 220*10% = 22 200*5% = 10 (220-22-10) 188 200
B 260 260*10%=26 240*5%=12 (260-26-12) 222 240
C 240 240*10%=24 120*5%=6 (240-24-6) 210 120
D 300 300*10%=30 160*5%=8 (300-30-8) 262 160
E 140 140*10%= 14 100*5%=5 (140-14-5) 121 100
Therefore ,the unit inventory valuation at lower of cost or net realizable value =
Products Valuation
A 188
B 222
C 120
D 160
E 100
Answer: Global citizens
Explanation: In simple words, an individual who have better understanding of the world operations than others are called global citizens. These individuals favor global activities with the perception that these will result in more equality around the world either directly or indirectly.
In the given case, Jane purchased a product because of its global nature despite of high prices. Therefore, she clearly is favoring globalization.
Hence, from the above we can conclude that the right option is A.
