There are different reasons for ranking. The Rank order of the vendors that best meet Amazon’s goals are;
Vendor E - 1st
Vendor R - 2nd
Vendor K - 3rd
Vendor F - 4th
<h3>Why Vendor E ranking first?</h3>
Vendor E is first because it has low cost issues, low quantity, high shipped on time and low cost to amazon. This is said to fit about 100% of parameters.
Vendor K is known to have low cost issues, moderate quantity shipped, high quantity shipped and high cost to amazon.
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Since in Croatia, there is only one company that provides all of the telephone services for the entire country, this is called a monopoly.
<h3>What is a monopoly?</h3>
A monopoly can be defined as a type of market structure which is typically characterized by a single supplier (seller) or service provider, who sells and provide a unique product or service in the market, especially through dominance.
This ultimately implies that, monopoly is a market structure wherein the single supplier (seller) or service provider has no competitor because he or she is solely responsible for the sale of a unique product or service, without any close substitute.
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Ok, so first you have to count le 15% off. It means you pay 85% of the price
0,85•65= 55,25$
Second, you take the 10$ off
55,25-10=45,25$
Third, you have know what percentage of the original price you paid
45,25 divided by 65 =0,6962
So you actually paid 69,62% of the original price
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