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Alexxandr [17]
3 years ago
12

Willow Trees Inc. makes seven different products, four of which are within their first year of existence. The demands for all pr

oducts, especially the newest ones, are not well known. The newest products are intended to complement their existing products and take different materials, different processes, and an entirely different set of labor skills for production. Which of these statements regarding their likely sales and operations planning activities is the best?
Business
1 answer:
Papessa [141]3 years ago
7 0

Answer:

Willow Trees Inc. should use bottom-up planning

Explanation:

Bottom-Up Planning is an effective method to increase productivity and efficiency of the production process. It includes planning, and defining the objectives that company needs to achieve through bottoms first.

Firstly, targets that will help achieve lower level hierarchy are set into place. From there they are slowly incorporated in higher level goals that will eventually reach the global goals of the company.

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Southwest Airlines offers vacation packages that include airfare, car rental, and lodging. Southwest is using a(n) ________ pric
vredina [299]

Southwest Airlines offers vacation packages that include airfare, car rental, and lodging. Southwest is using a(n) <u>bundle </u>pricing strategy.

What is bundle pricing ?

A pricing strategy in which managers offer multiple products or services as a single package ("bundle") is called bundle pricing.

Motivation of bundle pricing:

Particularly useful if your customers' demand is highly variable but price discrimination is impractical.

When consumers' price sensitivity of demand varies widely and market conditions make price discrimination difficult

If customers have diverse tastes, it can increase the seller's profit.

It is a method of simulating perfect price discrimination when perfect price discrimination is not possible or when charging multiple prices for the same product is illegal.

Types:

Simple Bundling: When managers offer multiple products or services in a single package so that customers do not have the option of purchasing package components separately

Mixed Bundling: Allows customers to purchase package components as a whole or separately.

Learn more about bundle pricing here: brainly.com/question/23175408

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4 0
2 years ago
Identity theft is important to be aware of because
Dennis_Churaev [7]

1 it could lead you to legal trouble

2 it could lead to bad credit

3 it could effect you being able to get a credit card to help get your credit back up

5 0
4 years ago
When the store hires two workers, they are able to serve 16 customers per hour. When the store hires three workers they are able
kotegsom [21]

Answer: $24

Explanation:

Given that,

Two workers serve = 16 customers per hour

Three workers serve = 22 customers per hour

Each customer spends an average of $4 in the store.

Total revenue from Two workers = 16 × $4

                                                       = $64

Total revenue from Three workers = 22 × $4

                                                          = $88

Therefore, the marginal benefit of hiring the third worker would be:

=  Total revenue from Three workers - Total revenue from Two workers

= $88 - $64

= $24

7 0
4 years ago
How can I ensure that my coworkers and I are in a safe working environment
GalinKa [24]
How can I ensure that my coworkers and I are in a safe working environment. If your company has an industrial hygienist and also your safety officer can inspect.
6 0
3 years ago
Wessner Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $
brilliants [131]

Answer:

The correct answer is D: $13

Explanation:

Giving the following information:

Cost per Unit Cost per Period:

Direct materials $ 6.20

Direct labor $ 2.80

Variable manufacturing overhead $ 1.45

Fixed manufacturing overhead $ 12,000

Sales commissions $ 1.00

Variable administrative expense $ 0.55

Fixed selling and administrative expense $ 4,000

Price= 25

Contribution margin= Price - variable costs

Variable costs= direct materials + direct labor + variable manufacturing overhead + sales commissions + variable administrative expense

Variavle costs= 6.20 + 2.80 + 1.45 + 1 + 0.55= $12

Contribution margin per unit= 25 - 12= $13

4 0
3 years ago
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