Answer:
Product ABC
Explanation:
Calculation to determine the maximize profit, they should first fill the demand for if the company's constraint is machine hours.
Product ABC's CM per unit= $10/5 minutes
Product ABC's CM per unit=$2 per minute of machine time
Product XYZ's CM per unit=$15/10 minutes
Product XYZ's CM per unit= $1.50 per minute of machine time
Therefore If the company's constraint is machine hours, to maximize profit, they should first fill the demand for PRODUCT ABC because it has the HIGHEST CM PER UNIT.
One-to-one marketing involves developing a unique mix of goods and services for each individual customer.
What is One-to-one marketing?
- Personalized marketing, also referred to as one-to-one marketing or individual marketing, may be a marketing strategy by which companies leverage digital technology and data analysis to deliver individualized messages and product offerings to current or prospective customers.
- Advancements in data collection methods, analytics, digital electronics, and digital economics, have enabled marketers to deploy simpler real-time and prolonged customer experience personalization tactics.
- Personalized marketing depends on many different types of technology for data collection, data classification, data analysis, data transfer, and data scalability.
- Technology enables marketing professionals to gather first-party data such as gender, age group, location, and income and connect them with third-party data like click-through rates of online banner ads and social media participation
To learn more about One-to-one marketing: brainly.com/question/6189389
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Answer: The correct answer is "a. $26,000".
Explanation: Implicit costs: Also known as opportunity costs have to do with alternative profit options, or money that we no longer receive when performing certain commercial actions.
A person incurs implicit costs when he waives an alternative action.
Implicit costs: $20000 + $6000 = $26000.
