The cycle time of this process for the firm is 2.89.
<h3>What is a Cycle Time?</h3>
This refers to the average time between the start of production of one unit and the start of production of the next unit of production
Cycle Time = Net time available to work / Customer demand
Cycle Time = 1.1 + 1.5 / 0.9
Cycle Time = 2.88888888889
Cycle Time = 2.89.
Therefore, the cycle time of this process for the firm is 2.89.
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The answer is FALSE because a conversion happens when a visitor to the page does whatever the marketer hoped he or she would do. The objective of the marketer will repeatedly be to get visitors to like the page in which case the question correctly defines how to calculate the conversion rate. In other cases, the goal might be for visitors to print a coupon and take it to the store, to book a plane booking or to post a comment or photo. In general, Conversion rates are a measure that specified what percentage of potential customers act as the marketer hopes, and by clicking, buying or donating.
Answer: (C) Perceived value
Explanation:
The perceived value is the term which is basically refers to the marketing terminology in which the users or the consumers evaluates the products and the services ability so that it meets their specific requirement and the needs.
According to the question, Stanley is basically purchasing the pen based on the perceived value based on his expectations. It is also helps in analyzing the actual quality of the given products by comparing with the other brands.
Therefore, Perceived value is the correct answer.
Arianna is engaged in the category management of the store.
Category management is involved in the retailing and the purchasing concept by
which it ranges the products that are being purchased or the products that are
being sold into categories that are being broken down in discrete groups that
are in similar or products that are related.
