Answer:
2.25 units.
Explanation:
Processing time is 5 minutes per unit for step 1. The total capacity is 60 minutes then no. of units produced can be;
60 / 5 = 12 units per hour.
For second step processing time is 4 minutes per unit. There is 0.85 unit of product is scrapped. Then no. of units produced per hour can be ;
60 / 4 = 15 units per hour.
After scrap the net product units per hour will be;
15 units * [1 - 0.85] = 2.25 units per hour.
Answer:
The correct answer to this question is D
Explanation:
Offering the same value for less than what other sellers are willing to take is a strategy called below the market pricing.
According to the principles of Economics, lower prices often stimulate demand especially with commodities or goods that are categorised as price-sensitive or perfectly elastic. With goods that are perfectly elastic, small price changes lead to a great change in demand.
Traditionally, there are 4 Ps of marketing:
- Product
- Promotion
- Place and
- Price
What Cutter Ford Aiea has done with their positioning is to play around the price component of marketing by reducing the profit accruable so that they are able to win more market share at the cost of lower profit/sale but with higher profits as the turnover increases due to increased demand.
So everyone likes a good deal especially when the value proposition with competing offers remain the same.
Cheers!
Companies use LCA to demonstrate transparency and corporate credibility to stakeholders and customers. LCA is also used in new product research and development, when environmental footprint is important to the future marketing or cost structure of a product.
= Total revenue − Total cost; or = (Unit price × Quantity sold) − (Fixed cost + Variable cost).
Answer:
There are essentially two types of revenue: one-time revenue and recurring revenue streams.