What is suggestive selling? Have you experienced an example of this? If so, describe the experience. Why do restaurants use sugg
1 answer:
You might be interested in
Answer:
The responses to the given question can be defined as follows:
Explanation:
For point a:
Car arrival time
Each car arrives at an interval of time of
process time
The number of vehicles moving in an hour equals 2 per hour.
As is greater than 1. The device will not work, resulting in such a revenue loss.
Within 44 minutes, a parking lot would be completely full, with only 1 person being serviced, and then the next empty slot would be completed 64 minutes later.
The system's production capacity is 8.5 per hour [a person entering at 0 will exit at 30]. The person that comes in at 4 will leave at 34. Roughly 50 customers would be supported for an hour.
For point b:
The number of customers would be for a 12-hour time frame.
Total cost=
The total number of customers to be served at an expense of customers.
Answer:
The maximum growth rate to my calculations is 8.32%, since it is closer to option E), I´d choose E) 8.37%
Explanation:
Hi, in order to find the growth rate given all the info of the problem, we need to use the following formula.
Where:
g = growth rate
b=retention ratio
R = return on equity
Since R = Earnings / Equity, and our dividend payout ratio (equals to 1 - b)our fromula changes to:
So, everything should look like this:
So, the growth rate is equal to 8.32% but this option is not available, therefore we´ll go for the closest one, that is E) 8.37%.
Best of luck.