Cheyenne has a small bakery specializing in gourmet cupcakes. In response to customer demand, she has added gluten-free cupcakes to her menu. This customer demand would be characterized as feedback.
<u>Explanation:</u>
In the viewpoint of systems the information gathered from the society regarding the output of anything is feedback. This is definitely affect the input also. It has either affect positively or negatively. It is very important for any business to be successful. Feedback plays a major role in this process.
Feedback is the process by which the views of the customers are gathered. Some of the people may like a particular product for some reasons. Some of the people may not like the same product for some reasons. The fact is that the tastes and preferences of people differs from each other. Thus, the features of the products can be improved only with the feedback system.
Answer:
The optimal order quantity is 6
Explanation:
Please see attachment
Answer:
$6,000
Explanation:
The computation of the expected profit from this investment is shown below:
= Strong profit × Strong percentage + Moderate profit × moderate percentage - recession losses × recession percentage
= $60,000 × 20% + $10,000 × 60% - $60,000 × 20%
= $12,000 + $6,000 - $12,000
= $6,000
By adding the three situations we can get the expected profit from this investment
Answer:
D) all other factors being constant, it is likely the CPI would rise during the year in question.
Explanation:
The CPI measures the price of a basket of goods and that basket includes both housing expenses and gasoline, but housing expenses are "heavier" than gasoline (their relative weight on the CPI is much higher) because they represent a much larger portion of a household's income. It is common for a family to pay $1,000 (or much more) per month on rent or a mortgage, while how many people actually spend over $1,000 per month on gas?