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Lubov Fominskaja [6]
3 years ago
8

Bob at Bob’s Furniture is looking at a perceptual map about customers’ ideas about his products. The attributes customers care m

ost about are price and comfort. They care less about aesthetics and quality. The attributes in which Bob’s products are doing worst are comfort and quality. They are doing best on price and aesthetics. Which attribute should be Bob’s priority as he tries to improve? a. quality b. comfort c. aesthetics d. price
Business
1 answer:
Stella [2.4K]3 years ago
7 0

Bob should prioritize on <u>b. comfort</u> to improve his business.

<u>Explanation</u>:

A perceptual map is a chart that represents the views of customers about specific attributes of a product, an organization, brand or service.

In the above scenario, Bob was the owner of Bob’s furniture. He was looking at the perceptual map about his product. He came to know that customers concentrate on price and comfort. His product was designed focusing on the price and aesthetics attribute. But customers never care about aesthetic and quality.

So Bob decides to give priority to comfort to improve his business. As they are already focusing on price, he decided to take additional care on comfort of the product.

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Four hundred and eighty minutes of production time are available per day. The schedule calls for the production of 80 units per
BabaBlast [244]

Answer:

<em>The theoretical minimum number of workstations are five workstations</em>

Explanation:

Given the total time available per day = 480 minutes

the cycle time which is the time required or spent to produce a unit can be obtained as;

Cycle time = Total time / Demand per day

Cycle time = 480 / 80 = 6 minutes

hence 6 minutes is the cycle time  for one unit.

The theoretical number of stations can be calculated thus;

Theoretical number of stations = Time for one unit / Cycle time

= 30/6 = 5 workstations

<em>Therefore the theoretical minimum number of workstations are five workstations</em>

4 0
3 years ago
What does the size of the dividend per share of stock depend on?
docker41 [41]
The size of the dividend per share of stock depend on : The corporation's profit

Dividend per share is calculated by : Total dividend / Total shares outstanding,

Which mean that dividend per share will increase if the total dividend increases.

Meanwhile total dividend will increased if the company gains more profit
7 0
4 years ago
Read 2 more answers
A change in the amount of sales can be due to either a change in the units sold or a change in price or both.
olga55 [171]

Answer:

true

Explanation:

The amount of sales variables (units sold and price) are correlated then a change in 1 will always alter the other.

5 0
3 years ago
Swift Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by
Simora [160]

Answer: 25%

Explanation:

The annual rate of return is calculated by simply dividing the Annual income by the average investment.

Annual Income

Annual revenues of $133,500

Annual expenses of $76,000

Annual Income = Revenues - Expenses

Annual Income = $57,500

Average Investment

Calculated by dividing the Addition of the beginning and ending (salvage value) Investment figure by 2.

= (449,000+11,000)/2

= $230,000

Annual Rate of return is therefore,

= 57,500/230,000

= 0.25

= 25%

5 0
3 years ago
A U.S. treasury bond (selling at a par value of $1,000) that matures at the end of five years is said to have a coupon rate of 6
pav-90 [236]

Answer:

$1,042.04

Explanation:

to calculate the present value using a continuously compounded interest rate, we can use the following 2 formulas:

1) present value = cash flow / eⁿˣ

  • e = 2.71828
  • x = 5% / 2 = 2.5%
  • n = 10
  • cash flow = $1,030

present value = $1,030 / 2.71828¹⁰ˣ⁰°⁰²⁵ = $1,030 / 1.284 = $802.16

2) present value of an annuity = payment [(1 - e⁻ⁿˣ) / (eˣ - 1)]

  • payment = $30
  • x = 2.5%
  • n = 9
  • e = 2.71828

present value = $30 [(1 - 2.71828⁻⁹ˣ⁰°⁰²⁵) / (2.71828⁰°⁰²⁵ - 1)] = $30 [(1 - 2.71828⁻⁹ˣ⁰°⁰²⁵) / (2.71828⁰°⁰²⁵ - 1)] = $30(0.2015 / 0.0252) = $239.88

present value of the stream of cash flows = $802.16 + $239.88 = $1,042.04

7 0
3 years ago
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