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Jobisdone [24]
3 years ago
11

When companies try to entice customers to make purchases by offering special incentives or excitement-building programs, includi

ng loyalty programs, contests, etc.they are using .
Business
1 answer:
stealth61 [152]3 years ago
5 0

Answer:

<em>Sales Promotion</em>

Explanation:

The method of order to persuade a potential client to purchase the product is sales promotion.

Sales promotion is meant to be used as a short-term tool to boost sales – as a means of creating long-term customer loyalty, it is rarely acceptable.

Many offers for sales are intended for customers.

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When gavin sells his product to a ____, the storage function is transferred to the intermediary. brokers wholesalers common carr
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A trucking company must deliver a product to a location 150 miles away. The company must pay the driver a wage of $14 per hour.
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Answer:

Speed of the truck should be 64.03 miles per hour to minimize the cost.

Explanation:

Data provided in the question:

Distance = 150 miles

Wage = $14 per hour

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Now,

Total time taken = Distance ÷ speed

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Therefore,

Total cost, TC = Wage + Cost of fuel

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= \frac{2100}{v}+\frac{v^2}{250}

for point of minima differentiating with respect to 'v'

TC'(v) =  -\frac{2100}{v^2}+\frac{2v}{250} = 0

or

-\frac{2100}{v^2}+\frac{2v}{250} = 0

or

\frac{v}{125}=\frac{2100}{v^2}

or

v³ = 2100 × 125

or

v = ∛262500

or

v = 64.03 miles per hour

hence,

Speed of the truck should be 64.03 miles per hour to minimize the cost.

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