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iragen [17]
3 years ago
15

Imagine you work for a breakfast cereal company that makes prepared products that are served cold. Your company wants to introdu

ce a new hot breakfast cereal that would require some minimal preparation by the consumer. How would you propose forecasting initial demand for this product
Business
1 answer:
Tresset [83]3 years ago
6 0

Answer:

There are a several ways to try to forecast the most accuarete possible the demand of the product. Some techniques are explained below.

Explanation:

First of all, the company should do a study about the consumption of the new product and they do that by calling a group of consumers to try the new good in the companie's facilities and also to do a questionary to be release to the public in order to have more answers about how would they react act about it. Secondly, once all that information is gathered, the organization should start a calculation on the amount of goods that it will have to produce in order to obtain a good amount of benefits of selling the product. And finally the company should constrast that calculation to the number of people that said in the questionaries that it will buy it and also to the number of people that said that will buy it in the test of the product.

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Bruce is a single father with 1 child. He can work as a bagger at the local grocery store for $6 per hour up to 1,200 hours per
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Answer:

$16,440

Explanation:

If Bruce is able to work 600 hours per year, his salary will be $3,600 (= $6 x 600), but he will lose $2,160 (= $3,600 x 60%) of welfare stipend.

His total welfare stipend is $15,000 if he is not able to work during the year.

Bruce's total income = $15,000 + $3,600 - $2,160 = $16,440

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3 years ago
Olympia Autos Inc. merged with its competitor Vaca Autos Inc. This allowed Olympia Autos to use its technological competencies a
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Answer:

Olympia Autos Inc. and Vaca Autos Inc.

This merger scenario illustrates the power of synergy.

Explanation:

Synergy is achieved with Olympia Autos Inc that has technological competencies, merging with Vaca Autos' marketing capacities.  This enable the two entities to achieve more as one than they could have achieved individually.   By capturing a larger market share, the two entities have shown that the combination of resources in pursuit of some common objectives is more beneficial than separate efforts.

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2 years ago
Hich correlation coefficient is one most likely to find between hours spent studying each week and cumulative gpa among college
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<u>".30"</u> is one most likely to find between hours spent studying each week and cumulative gpa among college students.


The correlation coefficient is a statistical measure that figures the quality of the connection between the relative developments of the two factors. The scope of qualities for the relationship coefficient limited by 1.0 on a flat out esteem premise or between - 1.0 to 1.0. In the event that the relationship coefficient is more prominent than 1.0 or not exactly - 1.0, the connection estimation is inaccurate. A connection of - 1.0 demonstrates an immaculate negative correlation, while a connection of 1.0 demonstrates a flawless positive correlation. A connection of 0.0 shows zero or no connection between the development of the two factors.

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3 years ago
Big AD and AS general equilibrium system (2 points): Assume that the short-run equilibrium output and price combination Yeq,Peq
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Fresnas Designs Inc. is a company known for its quality interior decorations, customized service, and affordable prices. Given t
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Answer:

Earning Satisfactory Profits

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Based on the information provided within the qeustion it seems that the management of Fresnas Designs Inc. bases its pricing policy on Earning Satisfactory Profits. This is basically when a company revolves all their decisions around trying to make a reasonable level of profits that is consistent with the level of risk that they face. Which is what Fresnas is doing by pricing their products reasonably as opposed to pricing them higher even thought hey can.

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3 years ago
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