A company that uses an undifferentiated segmentation strategy adopts a mass market philosophy.
<h3 /><h3>What is undifferentiated marketing?</h3>
It is a strategy that consists of not performing market segmentation to sell your products and services, that is, it does not differentiate the different market niches, with every individual being a potential customer.
Therefore, in undifferentiated marketing, the company sees the market as a large market without individual segments.
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Answer:
1. There are 2,600 units in ending inventory.
2. Costs per unit under absorption costing $ 123
3.Value of ending inventory $ 319,800
Explanation:
Calculation of Ending inventory units.
Ending Inventory Units : Opening Units + Units produced - units sold
300 + 15,000 - 12700 = 2,600 units
Calculation of per unit cost under absorption costing
Under absorption costing, direct manufacturing costs as well as indirect factory overheads are considered.
Per units costs
Direct Materials $ 20
Direct Labour $ 60
Variable overhead $ 13
Fixed Overhead $ 30
Total costs per unit $ 123 under absorption costing
Calculation of ending inventory under absorption costing
The ending inventory calculated earlier of 2.600 units is multiplied by the per unit costs of $ 123 per unit to get the value of the ending inventory
$123 * 2600 units = $ 319,800
Answer:
this is a cost minimization problem, but it is missing some numbers, so I looked for similar questions (see attached PDF):
minimization equation = 20x₁ + 22x₂ + 18x₃ (costs per ton)
where:
x₁ = mine I
x₂ = mine II
x₃ = mine III
the constraints are:
4x₁ + 6x₂ + x₃ ≥ 54 (high grade ore)
4x₁ + 4x₂ + 6x₃ ≥ 65 (low grade ore)
x₁, x₂, x₃ ≤ 7 (only 7 days per week)
using solver, the optimal solution is
2x₁, 7x₂, and 5x₃
a. The number of days Mine I should operate = <u>2 days
</u>
b. The number of days Mine Il should operate = <u>7 days
</u>
c. The number of days Mine III should operate = <u>5 days
</u>
d. The total cost of the operation for next week = <u>$284,000</u>
Answer:
(d) Walt demands 12 boxes of strawberries.
Explanation:
For every 3 box of strawberries, Walt consumes 2 box of cream
=> For every 1 box of strawberry, he will consumer 2/3 box of cream
Suppose, he consumes X boxes of strawberries, then he must consume (2/3)*X boxes of cream
Cost = 10*X + 10*(2/3)*X = 200 = Income
=> 10X + 20X/3 = 200
=. 30X + 20X = 600
=> 50X = 600
=> X = 12
Well there are a few choices here.
If the govt says Fish is healthy and people want to believe the govt, then demand will increase.
Or you can go the realistic way and scientists will prove wether or not that is true and their demand will depends on the scientists answer.
<u>However the most likely answer is that the demand will increase.</u>