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Degger [83]
3 years ago
11

Making periodic deliveries of products to each zara store is an example of

Business
2 answers:
dybincka [34]3 years ago
5 0
Answer: Carry out the Plan of Planning not to Plan.

As Fashion brand Zara is very popular clothing and accessories retailer. Its success as top 50 fashion brands is attributed to its unique approach of planning to achieve its vision of innovation and quality.

For ever changing style and trend, fashion industry is unpredictable, specially for brands and fashion lines. The changing trends in short span of time can cost high for business perspective as there can be huge restocking of seasonal production, if brands fail to identify future fashion trends in advance. To combat huge loss from such over stocking of production, Zara brand have implemented operational strategy to plan less. This is the Planning to plan less".

Most of the luxury fashion brands operate their production line based on prediction of what trend will be popular in coming months. This is risky plan, since fashion industry is very unpredictable. 
Zara however devised unique plan to not plan. This way the brand does\t entirely plan the production line for next six months in advance, but only 50-60%. Rest of it, it changes according to the season. This way, Zara only have limited edition of certain designs and even less stock of those items. This way, the customer have to buy the items immediately after its launch because same item might not be there next time. This not only reduce stocking of production but also increases business as buyers constantly visit stores to but items which they know won't linger there for longer time.

givi [52]3 years ago
5 0

<u>Making periodic deliveries of products to each Zara store is an example of “carry out the Plan.” </u>

<u> </u>

Further Explanation:

Periodic delivery:

The periodic delivery refers to the delivery of the goods where the whole quantity is not delivered at a single time. Instead, the delivery of the goods is carried out on a periodic basis. The main reason behind the periodic delivery is to remain the least level of inventory.

Technique used by Zara:

Zara deals in the fashion industry, which is a very unpredictable market. The fashion trends can change over a week or a month. Therefore, the retailers have to keep the update of the current market trends and the upcoming market trends to produce the product for future demand. As the trends in the fashion industry change very fast, retailers try to predict future trends and fulfill their stock accordingly. However, Zara has adopted a different approach. It used the periodic delivery where it fulfills the 50-60% of the stock, and the remaining stock is fulfilled by the periodic delivery. The periodic delivery depends on the market trend at the time of delivery. The periodic delivery helps Zara to decrease the shortage risk in case of a change in trend. It is an example of “carry out the plan”.

Thus, making periodic deliveries of products to each Zara store is an example of “Carry out the Plan”.

Learn More:

1. Learn more about the markets

<u>brainly.com/question/11042749 </u>

2. Learn more about the supply of goods

<u>brainly.com/question/5290954 </u>

3. Learn more about the expenses

<u>brainly.com/question/1229238 </u>

Answer Details:

Grade: Middle school

Chapter: Marketing Strategies  

Subject: Business

Keywords: Making periodic, deliveries, products, each, zara, store, example, goods, quantity, fashion, industry.

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Answer:

$15.51 per Double chocolate almond supreme

Explanation:

Calculate the standard cost for a pound of Mama Fran's double chocolate almond supreme cookies.

1. Standard Material Cost (Ratio Denominator = 10 +  5  + 1 = 16)

Std. Mat Cost = 10 Ounces /16  * $0.80   +   5 Ounces /16* $6  + 1/16* $18

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2. Standard Direct Labor Cost

Std. Labor Cost = 1 /60 Hours * $12.7 per Hour + 7/60 Hour * $19 per Hour

Std. Labor Cost = $2.4283 per Double chocolate almond supreme

3. Standard Variable Overhead Cost

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4. Standard Fixed Overhead Cost

Std. Fixed Overhead per cake = 6/60 Hours * $60 per Hour

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8 0
3 years ago
The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experience
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<h3><u>Explanation</u>:</h3>

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A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On
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Answer:

The correct answer is C

Explanation:

The amount of cash paid on July 8 is computed as:

Amount of goods worth = Purchased amount - Returned goods worth  Amount of goods worth = $1,800 - $200

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As the amount is paid within the terms of 10 days, so the amount is eligible for the discount of 2%, it is as:

Amount to be paid in cash = Amounts of goods worth - ( Amounts of goods worth × Discount)

where

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8 0
2 years ago
With only a​ part-time job and the need for a professional​ wardrobe, Rachel quickly maxed out her credit card the summer after
choli [55]

Answer:

a. It will take her 5 years to pay for her wardrobe

b. She should shop for a new card once she is done paying for this one.

c. She should shop for a new card after finishing paying for this card since going further into debt with the current card would be a bad idea. This is due to the fact that an annual interest rate of 16% is very high. The best option would therefor to finish her payments on the credit card, then shop for a new card with a lower annual interest rate.

Explanation:

Use the formula below to determine the number of months it would take Rachel to pay off her debt;

C *{1-(1+r)^(-n×t)}/(r/n)=PV

where;

C=annuity

r=annual interest rate

n=number of compounding periods in a year

t=number of years

PV=present value

In our case;

PV=$10,574

C=$260

r=16%=16/100=0.16

n=12

t=unknown

replacing;

260*{1-(1+0.16/12)^(-12×t)}/(0.16/12)=10,574

1-(1+0.16/12)^(-12×t)={10,574×(0.16/12)}/260

1-{1.013^(-12 t)}=0.542

(1-0.542)=1.013^(-12 t)

ln 0.458=-12 t (ln 1.013)

t=-ln 0.458/12×ln 1.013

t=5

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3 years ago
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