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ale4655 [162]
3 years ago
9

You own a franchise of rental car agencies in Florida. You recently read a report indicating that about 80 percent of all touris

ts visit Florida during the winter months in any given year, and that 60 percent of all tourists traveling to Florida by air rent automobiles. Travelers not planning ahead often have great difficulty finding rental cars due to high demand. However, during nonwinter months tourism drops dramatically and travelers have no problem securing rental car reservations. Determine the optimal pricing strategy for this situation. Block pricing Peak-load pricing Randomized pricing Two-part pricing
Business
1 answer:
maksim [4K]3 years ago
5 0

Answer:

Peak-load pricing

Explanation:

Prices are set in a way that high sales turnover are attracted and profit maximized. This makes it necessary for market situation to be studied and analysed during price setting for best pricing decision.

The optimal pricing situation for the situation in the scenario is Peak - load pricing.

In Peak-load pricing , higher prices are charged when demand is at its peak with few competitors in the market , and the price is dropped when the market suffers a drop in demand of such goods,

The aim to to take an advantage of the peak period in making a maximum income.

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a system has two processes and three identical resources. each process needs a maximum of two resources. is deadlock possible? e
Naddik [55]

A system has two processes and three identical resources. each process needs a maximum of two resources.---<u> Deadlock is not possible</u>.

<h3>What's deadlock explain?</h3>

A deadlock is a situation in which two computer programs participating the same resource are effectively precluding each other from penetrating the resource, performing in both programs ending to serve. The foremost computer operating systems ran only one program at a time.

<h3>What happens in deadlock?</h3>

Deadlock is a situation where a set of processes are blocked because each process is holding a resource and staying for another resource acquired by some other process

Learn more about deadlock:

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5 0
1 year ago
With the _____ approach, an organization chooses an outsourcing company in a neighboring country, such as when a U.S. organizati
jeka57 [31]

Answer:

a. nearshore outsourcing

Explanation:

Nearshore outsourcing is a business practice related to transferring certain activities and services to people and organizations in neighboring countries.

Since Canada and Mexico are neighboring countries of the US, this is nearshore outsourcing. On the other hand, offshore outsourcing is a type of outsourcing that transfers the activities on to farther countries. In this example, offshore countries would be India or Ukraine.

5 0
4 years ago
Who is the best rapper??
omeli [17]

Eminem is best rapper and musicians

5 0
3 years ago
Read 2 more answers
Financial data for Joel de Paris, Inc., for last year follow:
suter [353]

Answer:

profit margin: 7.09%

<u />

<u>Turnover: </u>

Assets : 1.85

Account Receivable: 11.53

Inventory: 9.05

ROI: 28.94%

2.- residual income 91,395

Explanation:

sales 4,700,000

net income 333,000

<u>profit margin:</u>

net income / sales

333,000 / 4,700,000 = 0,070851 = 7.09%

<u>Turnovers:</u>

Will be sales over an asset account to calcualte how many times  the assets converts to cash or rotate.

the average will be calcualte as (beginning + ending)/2

<em>Assets turnover:</em>

sales/average assets

sales 4,700,000

(2,505,000 + 2,585,000) / 2 = 2,545,000

Ratio: 1,8467 = 1.85

<em>Account Receivable Turnover:</em>

sales/ average turnover

sales 4,700,000

(344,000 +471,000)/2 = 407,500

Ratio: 11,5337 = 11.53

<em>Inventory Turnover</em>

Sales/ average inventory

Sales 4,700,000

(568,000 + 471,000)/2 = 519,500

Inventory turnover: 9,04716 = 9.05

<u>ROI</u>

net income / average equity

<u>where:</u>

average equity : (beginning + ending)/2

1,092,000 + 1,209,000 = 1,150,500

333,000/1,150,500 = 0,28943

<u></u>

<u>Residual income:</u>

net income - Equity x expected return

    333,000 - 1,150,500 x 0.21 =

     333,000  -  241,605‬  = 91,395

5 0
3 years ago
Compare and contrast the penalties in a civil and criminal trial.
Vladimir79 [104]

Answer: Compare and contrast the penalties in a civil and criminal trial. In a criminal trial, a defendant can be sentenced to jail time, can be fined, and can be forced to undergo some treatment or remedy. In a civil trial, a defendant can be assessed damages and can be coerced to follow through on an agreement.

Explanation: HOPE IT HELPS :)

6 0
3 years ago
Read 2 more answers
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