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MArishka [77]
3 years ago
7

A national restaurant chain has just opened a sit-down location at Chicago’s O’Hare International Airport. Next to the sit-down

location, it has also established a "to-go" section where travelers can purchase premade sandwiches and salads, as well as drinks and snacks. Which dimension of the customer utility function is particularly emphasized with the "to-go" section?
Business
1 answer:
Wewaii [24]3 years ago
6 0

Answer:

Timing.

Explanation:

The establishment of the to-go section by the national restaurant chain is an example of customer utility of time.

The premade sandwiches, salads, drinks, and snacks save the customer time he would have spent waiting for it to be prepared.

So instead of waiting for example 20 minutes for a sandwich, in just about 1 minute customers can pay for their sandwich.

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Would it be more profitable to own 200 shares of Penny's pickles or 1 share of Exxon ?
ZanzabumX [31]

1 share of exxon, pennys pickles isnt exactly the most booming market right now

7 0
3 years ago
Read 2 more answers
Coronado Company had the following department information for the month: Total materials costs $55000 Equivalent units of materi
aniked [119]

Answer:

10.9 per unit

Explanation:

Total manufacturing cost per unit= Material cost per unit + Conversion cost per unit

Material Cost per Unit= Total materials cos / Equivalent units of materials

Material cost per unit = 55000 / 10000 = 5.5

Conversion cost per unit = Total conversion costs / Equivalent units of conversion costs

Conversion cost per unit = 81,000 / 15000 = 5.4

Hence, Total manufacturing cost per unit = 5.5 +5.4 = 10.9 per unit

7 0
3 years ago
How do countries benefit by being members of economic​ communities? A. The balance of payments become equalized B. Tariffs on im
Alex_Xolod [135]

Answer: Trade policies are coordinated and there are less restrictions on imports and exports.

Explanation:

An economic community is an agreement entered into by countries to enable higher cooperation in areas of politics and economic activities. In an economic community, the charges placed on import and export among member nations is minimal. An example of an economic community is the ECOWAS.

3 0
3 years ago
The type of vertical marketing system that achieves coordination at successive stages of production and distribution by the size
satela [25.4K]

Answer:

The correct options are the third and the last:

Option # 3. In a contractual vertical marketing system the firms at different levels of production and distribution work together to achieve greater economies or sales than they would on their own.

Option #5: In an interactive vertical marketing system (VMS) the main members of a distribution channel—producer, wholesaler, and retailer—work together as a unified group in order to meet consumer needs.

Explanation:

Option # 1: In a corporate vertical marketing system or VMS, one member of the distribution channel be it a producer, a wholesaler or a retailer owns all the other members of the channel, thereby having all the elements of production and distribution channel under a single ownership so this is not the correct option.

Option # 2: In an integrated vertical marketing system or fully integrated vertical marketing system only one player manages all the activities (production and distribution), without any assistance from other channel members. So this is not the correct option.

Option # 4: In an administered vertical marketing system or co-ordinated system of distribution channel organization, the flow of products from producer to end-user is controlled by the power and size of one member of the channel system rather than by common ownership or contractual ties. So this is not the correct option.

4 0
3 years ago
Sampson Industries has an annual plant capacity of 70,000 ​units; current production is 59,000 units per year. At the current pr
Artyom0805 [142]

Answer:

Sampson Industries

1. How would accepting the special order impact Sampson​'s operating​ income?

The acceptance of the special order will decrease Sampson's operating income by $42,000.

2. Should Sampson accept the special​ order?

No.  Sampson should not accept the special order.  It does not make any contribution in reducing the fixed costs.  Instead, it decreases the net income.  Special orders should be accepted when they add to the contribution in defraying the fixed costs, even if they do not add to the net income.

Explanation:

a) Data and Calculations:

Annual plant capacity = 70,000 units

Current production = 59,000

Variable cost per unit = $26.00

Fixed cost per unit = $4.80

Normal Selling price per unit = $41

Special order = 70,000

Price of special order = $20

Incremental Analysis of Special Sales Order Decision

Total Order (7,000 units)

Revenue from special order $140,000

Less expenses associated with the order:

Less: Variable manufacturing cost 182,000

Contribution margin $(42,000)

Less: Additional fixed expenses associated with the order –

Increase (decrease) in operating income from the special order ($42,000)

8 0
3 years ago
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