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kipiarov [429]
3 years ago
14

Custom Foot operates six retail locations. At first glance, none looks any different from your basic old-fashioned shoe store, b

ut the only boots on hand are display models. There's no inventory for sale and customers go home empty-handed-at least initially. Customers browse the store, mixing and matching design components such as style, color, and leather type. About 100 display boots provide style guidelines. Once you choose a boot style, you select materials, colors, and textures. Custom Foot guarantees your boots will be ready within three weeks. This is an example of________
Business
1 answer:
sergeinik [125]3 years ago
8 0

Answer:

This is an example of mass customization

Explanation:

Mass customization is a business concept that involves mass manufacturing products that meet individual consumer wants and needs. It combines flexibility and personalization of unique made products with the low unit costs associated with mass production. It is sensitive to customer preferences with standardisation of processes, and the customer satisfaction that comes with owning a custom product.  

Custom Foot offers a basic package for their boots and shoes, and then offer customers a variety of features they can add or subtract. With this, they can provide alternatives for modifying a product without the costs associated with making a 100 percent unique product.

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This food should be displayed behind food dated June 27th so that the food which will expire sooner will hopefully be chosen  by the shopper to finish it and leave the food with a longer shelf life for later since it has a later expiry date.
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Why do we need to suffer from taxes
scoray [572]

Answer: In addition to paying the salaries of government workers, your tax dollars also help to support common resources, such as police and firefighters. Taxes fund public libraries and parks. Taxes are also used to fund many types of government programs that help the poor and less fortunate, as well as many schools! Taxes are important to federal, state, and local governments. They are the primary source of revenue for the corresponding level of government and fund the activities of the governmental entity.

Explanation:

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2 years ago
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A travel agent wants to determine how much the average client is willing to pay for a weekend at an all-expense paid resort. The
-Dominant- [34]

Answer:

n=(\frac{1.960(840)}{150})^2 =120.47 \approx 121

So the answer for this case would be n=12 rounded up to the next integer

Explanation:

\bar X=2500 represent the sample mean

\mu population mean (variable of interest)

s=840 represent the sample standard deviation

n represent the sample size  

The margin of error is given by this formula:

ME=z_{\alpha/2}\frac{\sigma}{\sqrt{n}}    (a)

And on this case we have that ME =150 and we are interested in order to find the value of n, if we solve n from equation (a) we got:

n=(\frac{z_{\alpha/2} \sigma}{ME})^2   (b)

The critical value for 95% of confidence interval, the significance level if 5% and the critical value would be z_{\alpha/2}=1.960, replacing into formula (b) we got:

n=(\frac{1.960(840)}{150})^2 =120.47 \approx 121

So the answer for this case would be n=12 rounded up to the next integer

8 0
3 years ago
Milo Co. had 600,000 shares of common stock outstanding on January 1. On May 1, Milo issued 126,000 shares. On September 1, Milo
PtichkaEL [24]

Answer:

b. 663,000

Explanation:

Outstanding shares refers to the total number of stock held by investors at a  particular time. They are the shares issued out to both retail and institutional investors and insiders, such as directors and employees. Outstanding shares will exclude shares that have been repurchased back by the issuing company (treasury stock).

The weighted average share outstanding takes into consideration the duration of time that issued stocks have been in the markets.  It allocates value proportionately to the time in the market.

For Millo Co,  the weighted average share outstanding  for the year will be

1. January 1,  600,000

2. May 1, issued 126,000 shares ( 8 months)

  weighted for the year=8/12 x 126,000 =   84,000

3. September 1, purchased  63,000 treasury stock

       (4 months) weighted value will be

      = 4/12 x 63,000= 21,000

The weighted average share outstanding  

Beginning balance plus shares issued out minus repurchased shares(treasury stock)

=600,000 + 84,000 -21,000

=663,000

6 0
3 years ago
Amounts of money a company owes are called?
sleet_krkn [62]
The answer is B. liabilities.
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3 years ago
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