1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Contact [7]
3 years ago
6

BuyCostumes.com is the fastest growing Internet apparel company. Since their founding in 1999 they have experienced the challeng

e of an annual growth of 75%. This challenge is further complicated with over 50% of their annual sales occurring in 6 weeks.
CONCEPT REVIEW:
Operations planning is the key to success in BuyCostumes.com's challenging and complicated business. This planning begins with a successful sales forecast that takes into account company history, economic forecasts, industry and pop culture trends. The sales forecast enables customer service and the warehouse to determine their peak season staffing needs. Purchasing, warehousing and receiving must also plan with a focus on the peak Halloween season. The business is working to lessen the impact of the Halloween peak by expanding into party supplies and holiday decorations.
1. Which of the following is taken into account in forecasting sales?
A. Company industry, fashion trends, economic forecast
B. Company history, industry trends, weather forecast
C. Company history, weather forecast, economic forecast
D. Competitor's history, industry trends, economic forecast
E. Company industry, fashion trends, economic forecast
F. Competitor's history, fashion trends, weather forecast
G. Company history, industry trends, economic forecast
selectCompany history, industry trends, weather forecastCompany history, weather forecast, economic forecastCompetitor's history, industry trends, economic forecastCompany industry, fashion trends, economic forecastCompetitor's history, fashion trends, weather forecastCompany history, industry trends, economic forecast
2. In addition to historical data, which other factor is taken into account when forecasting sales?
A. Analysis of customer returns
B. Pop culture trends
C. Population growth
D. Customer surveys
E. Market research
F. Climate trends
selectAnalysis of customer returnsPop culture trendsPopulation growthCustomer surveysMarket researchClimate trends3.
Business
1 answer:
spin [16.1K]3 years ago
6 0

Answer:

1. The correct answer is option (G) Company history, industry trends, economic forecast.

(2) The correct answer is option (B) Pop culture trends

Explanation:

Forecasting sales is an important strategy to any business organisation. It opens them up to opportunities in the market. Forecasting is done in order to increase sales  of company's products ans also to develop a business. During forecasting, the history of the company is very important since it makes customers to be easily convince.

You might be interested in
The emergency food assistance program distributes ___________ for home and institutional use. funds to buy food meals grocery st
GalinKa [24]
Food. Is there anything else to this?
4 0
3 years ago
What account earns the most interest
xxTIMURxx [149]

Answer:

A bank account

Explanation:

because your money is kept safe

8 0
3 years ago
The total cost​ (in dollars) of manufacturing x auto body frames is ​C(x)=60,000+400x. ​(A) Find the average cost per unit if 20
Nesterboy [21]

Answer:

a) Average price per unit = 700

b) average marginal cost = -1.5 dollars/frame

c) For 201 frames are produced = $698.5

Explanation:

Given Data:

C(x) = 60000 + 400x

a) Average cost for 200 units:

Total Cost of 200 units will be:

C(200) = 60000 + 400(200)

C(200) = 140,000

Total Cost of 200 units = 140,000

Average price per unit = Total Cost / number of units

Average price per unit = 140,000/200

Average price per unit = 700

b) Marginal Average Cost:

We know that marginal cost = C^{'}(x)

And the average marginal cost = \frac{d}{dx} \frac{C(x)}{x}

So,

= the derivative of (\frac{60,000 + 400(x)}{x})

= the derivative of (\frac{(60,000)}{x} + 400)

= \frac{-60,000}{x^{2} } + 0

So,

average marginal cost = \frac{-60,000}{x^{2} }

at x = 200 units

average marginal cost = \frac{-60,000}{200^{2} }

average marginal cost = -1.5 dollars/frame

c) Average cost per frame if 201 frames are produced:

We already seen in the part b that, the average marginal cost is decreasing by 1.5 dollars /frame. So,

if 201 frames are produced the instead of 200 then the difference is of 1 frame and we discussed that average marginal cost of 1 frame is decreasing at 1.5 dollars per frame.

So,

As we know the average cost from part a = 700 dollars.

Therefore, for 201 item = 700 dollars -1.5 dollars

For 201 frames are produced = $698.5

5 0
3 years ago
Flesch Corporation produces and sells two products. In the most recent month, Product C90B had sales of $23,490 and variable exp
Mars2501 [29]

Answer:

Contribution margin ratio = Contribution margin / Sales

Product C90B CMR = ($23,490 - $7,047) / $23,490 = $16,443 / $23,490 = 0.7 = 70%

Product Y45E CMR = ($34,800 - $13,920) / $34,800 = $20,880 / $34,800 = 0.6 = 60%

The rule, <em>the Higher the contribution margin ratio, the lower the Break-Even point. </em>So, if sales mix shifts to product C90B, overall Break-even point <u>Decreases</u>.

8 0
3 years ago
Whenever Don calls on potential pest control customers, he emphasizes the fact that, unlike the national franchise competitors,
Amiraneli [1.4K]

Answer:

positioning

Explanation:

Based on the information provided within the question it can be said that in this scenario Don is positioning his business relative to his competition. In the context of business, positioning refers to the actions taken by a business in order to for the business/brand to occupy a specific place in the minds of their customers, as well as setting them apart from the competition, so that those customers choose them instead of the competition.

7 0
3 years ago
Other questions:
  • One impact of televising the national conventions is that ______.
    9·1 answer
  • Bank of America customers select their own three- digit personal identification number (PIN) for use at ATMs.
    13·1 answer
  • What activity does marketing begin
    15·1 answer
  • The united states exports corn and aircraft to the rest of the world and it imports oil and clothing from the rest of the world.
    6·2 answers
  • Economic understanding and economic conditions do not affect a personal financial plan.
    9·1 answer
  • A job was budgeted to require 3 hours of labor per unit at $8.00 per hour. the job consisted of 8,000 units and was completed in
    8·2 answers
  • Island Trading Co., a client of your CPA firm, has requested your advice on the following problem. It has three clerical employe
    8·1 answer
  • Managers of Wendy's fast-food restaurants keep track of prices at competitors such as McDonald's, Burger King, and Arby's, knowi
    6·2 answers
  • If you see a large group of stranded passengers standing next to a disabled bus, and you have only three seats in your car, deci
    11·1 answer
  • When considering marginal revenue versus marginal costs, marketers must ensure that.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!