Answered: Based on the above data for your…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Transcribed Image Text:Given the following data from a Comparative Competitive Efforts page in the CIR: Your Company $44.00 Industry Average $53.83 Your Company vs. Ind. Avg. -18.3% WHOLESALE SEGMENT Wholesale Price ($ per pair) S/Q Rating (1 to 10 stars) Model Availability Brand Advertising ($000s) Rebate Offer ($ per pair) Delivery Time (weeks) Retailer Support ($ per outlet) Retail Outlets 4.0 6.3 -36.5% 350 11,000 4.00 3 wks 5,500 1,007 100 300 +16.7% 14,350 3.40 -23.3% +17.6% 2.8 wks +7.1% 4,675 1,538 111 +17.6% -34.5% 9.9% Celebrity Appeal Brand Reputation (prior-year average) Pairs Demanded Gained/Lost (due to stockouts) Pairs Sold (000s) Market Share (%) 63 76 -17.1% 2,773 -16 2,413 +14.9% 2,757 11.4% 2,413 10.0% +14.3% +1.4 pts Based on the above data for your company, which of the following statements is false? Copyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation. Your company had a very sizable price-based competitive advantage of 18.3%. O Your company's pairs sold were 16,000 pairs lower than they would otherwise have been because of insufficient warehouse inventory to fill all orders received from retailers. O Your company's percentage competitive advantages and disadvantages on the 10 competitive factors affecting Wholesale sales and market share resulted in a net overall competitive advantage of a size sufficient to produce an above-average 11.4% market share. O Your company's branded sales volume and market share in the Wholesale segment were positively impacted by your company's above-average delivery time. O Your company's branded sales volume and market share in the Wholesale segment were negatively impacted by your company's competitive effort in branded advertising and by your company's low celebrity appeal rating, low brand reputation, and small number of retail outlets stocking your company's brand.

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