Answer:
d) All current customers who up to a certain point in time have NOT bought in the jewelry category but did buy jewelry in the next time frame
Explanation:
Cross-sell opportunities are employed by online and in-person marketers with the aim of convincing buyers to chose another product from a product category that they are interested in. For example, if the customer bought a necklace, the site might suggest that users who bought a necklace also bought a pendant. The aim of this suggestion is to convince the consumer to purchase an item that might be useful to him judging from the products he just indicated interest in.
Therefore, a good cross-sell model will identify customers who bought jewelry but not from a particular jewelry category.
Answer:
24.8 per hour
Explanation:
There are 3 workers and hence are three workstations. Consecutive activities are assigned to each workstation such that workload is as uniform as possible
Hence the time in each workstation (WS) is,
WS1 = 45+55+15 = 115 seconds
WS2 = 25+50+5+30 = 110 seconds
WS3 = 95+50 = 145 seconds
Workstation 3 has the highest processing time and hence is the bottleneck and determines the capacity of the process
Therefore capacity = 1/145 per second = 3600/145 per hour = 24.8 per hour
Answer: An increase in government spending
Explanation:
Currency appreciation is an increase in the worth of one currency against the value of another currency. Due to the appreciation of a currency, imports get cheaper.
In a small open economy, the appreciation of the real exchange rate can be caused by an increase in government spending as this puts pressure on domestic currency to appreciate, which leads to current account deterioration.
<u>Answer:</u>
<u><em>Laws passed by the federal government often provide benefits for a small number of individuals. These individuals, in turn, have an incentive to contribute to the campaigns of politicians who pass these laws</em></u>
<u>Explanation</u>:
When individuals or firms cunningly try to get benefits from government at the detriment of others it term rent seeking.
Implying they seek shelter under this laws that benefit them the most.
For example, certain tax laws may favor the weather citizens of a country and they (the wealthier citizens) may take advantage of that.
