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vovangra [49]
3 years ago
6

Schnucks Supermarket promotes products like milk, eggs and other daily essentials at very low prices in order to attract consume

rs into their stores. This type of pricing strategy would be an example of using pricing to:
Business
1 answer:
Veseljchak [2.6K]3 years ago
7 0

Answer:

C. Build consumer traffic

Explanation:

By lowering the prices of daily essentials like milk and eggs Schnucks Supermarkets is building consumer traffic in their stores. The lower prices will tend to attracts more and more consumers because of that demand principle of the lower the prices the higher the demand. When the consumers increases what the supermarket achieves is a bigger consumer traffic in their store.

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Fast Auto Service provides oil and lube service for cars. It is known that the mean time taken for oil and lube service at this
shtirl [24]

Answer: 19.93 minutes

Explanation:

This is the complete question

Fast Auto Service provides oil and lube service for cars. It is known that the mean time taken for oil and lube service at this garage is 15 minutes per car and the standard deviation is 2.4 minutes. The management wants to promote the business by guaranteeing a maximum waiting time for its customers. If a customer's car is not serviced within that period, the customer will receive a 50% discount on the charges. The company wants to limit this discount to at most 2% of the customers. What should the maximum guaranteed waiting time be? Assume that the times taken for oil and lube service for all cars have a normal distribution

The solution is attached below

3 0
3 years ago
It is important to use information that is both reliable and relevant when making financial decisions. True False
melamori03 [73]
True because if you don’t have those things you won’t have a stable finance situation and if something goes wrong you will be in a pickle.
3 0
3 years ago
Kempton Enterprises has bonds outstanding with a $1,000 face value and 10 years left until maturity. They have an 10% annual cou
viva [34]

Answer:

YTM is 7.46%

Explanation:

Given:

Face value of bond (FV) = $1,000

Years to maturity (nper) = 10

Coupon rate = 10%

Coupon payment (pmt) = $100 (0.1×1,000)

Price of bond (PV) = $1,175

If the bonds are held till maturity, then yield to maturity is calculated using excel function =Rate(nper,pmt,PV,FV)

Yield of bond if held till maturity is 7.46%

4 0
3 years ago
The Creamery is analyzing a project with expected sales of3,800 units, give or take 5 percent. The expected variable cost per un
vaieri [72.5K]

Answer:

operation cash flow ( OCF ) is  $98800

Explanation:

given data

number of units = 3800 units

variable cost = $185 per unit

fixed costs = $364,000

depreciation expense = $104,000

sales price = $305 per unit

tax rate = 35 %

fix cost = $360,000

to find out

what is the OCF given this analysis

solution

we know operation cash flow ( OCF ) is express as

OCF = [ { selling - variable cost ) × no of units } - fixed cost ] × [ tax rate ] + [ deprecation × tax rate ]      ..............................1

put here all these value

OCF = [ { 305 - 185 ) × 3800 } - 360000 ] × [ 35% of income before tax ] + [ 104,000 × 0.35 ]

OCF = 96000 - 0.35×96000 + 36400

OCF = 62400 + 36400

OCF = $98800

4 0
3 years ago
A company controlling a combination of factors to provide value to its target customers is the definition of a?
ale4655 [162]

When a company controls a combination of factors which it uses to provide value for its target customers, this is a marketing mix.

<h3>What is a marketing mix?</h3><h3 />

A marketing mix refers to all the factors that a company uses in order to be able to provide for the goods and services of the customers it targets.

Some of these factors include the pricing of products, the products themselves and their functions, and the place that the products are to be offered.

Find out more on marketing mix at brainly.com/question/12080147

#SPJ1

6 0
1 year ago
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