Below are the market prices and historical prices that your company has been paying forthree different purchasing teams. Which of the purchasing teams is performing the BEST?SteelPaperFuela) SteelOb) PaperPPI (Market)Oct-19173.7176.3166.8Oct-20191.7186.5187.6O) FuelO d) None of the teams are performing wellOe) There is not enough information to make a determinationActual (Historical)Oct-192.2527132.75Oct-20328.8145

The goal of measuring the performance of three purchasing teams based on market pricing (PPI) and…

Answered: Below are the market prices and…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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2.)Birka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering. DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 If the owner of Birka Styles & Co is an optimist, how many lots should the manager order?
k of PDF : https://docdro.id/psUSO2n https://docdro.id/KV8USNQ question : 1/ According to Weele, the items that we measure determines the role of the purchasing function. List these roles, and show the mapping. 2/ According to Simpson and et.al, why should we measure the performance of our suppliers? 3/ According to Simpson and et. al, what are the characteristics of our suppliers should we measure? List these down in terms of evaluative criteria and its details.
Answer 12.8
Calculate total annual cost for the alternative suppliers for aproduct with following characteristics: montly demand; mean: 5000, standard deviation 2000 Holding cost: 30% Cycle service level: 98% Using EOQ formula, find the lot size. Don’t forget to add ordering cost to the total cost! Supplier 1 Supplier 2 Supplier 3 Ordering Cost(per order ) 1000 2000 5000 Cost 10 9 8 Average Lead Time ( month ) 0.5 2 2 Lead time std deviation ( month ) 0.5 1 2
Outline what you would expect the price and income elasticity of demand of the following goods to be and why: 1-liter cartons of milk Beach holidays Pizzas delivered to the home A tube of Colgate toothpaste A tube of toothpaste Note: you are at liberty to suggest a value for elasticity in each case, however it is also acceptable to refer to the degree of elasticity which you think applies.
10. Mention and describe what each of the 4 types of approaches to demand analysis discussed in class consists of.
Q-1. it patronage income is distributed back to the members on a non-qualified basis, who Initially pays the tax? Options: No tax is paid because it is distributed on a non-qualified basis No one initially but the farmers will pay the tax when they receive the cash The cooperative The members Q-2. In the early 2000s, the Farmland Industries bankruptcy caused a lot of financial stress for Kansas grain marketing and farm supply cooperatives. To deal with this stress, most co-ops wrote down unallocated equity values. Why did they take this action? Options: It was to the benefit of the member because non-members mostly paid for the losses incurred by the cooperative It was to the benefit of the member because unallocated equity is directly tied to the copperative Members actually voted for this decision because they wanted to lose their allocated equity Members would benefit because writing down unallocated equity actually caused them to own a smaller percentage of the cooperative and…
Which of the following combinations would result inneeding to utilize the largest number of suppliers?a) a high value of S and high value of Ub) a high value of S and low value of Uc) a low value of S and high value of Ud) a low value of S and low value of U
Does variation in demand matter? What is its respective implications? (High/low)
PLEASE ANSWER BOTH QUESTIONS without excel a) Using a weighted moving average with three periods, determine the demand for period 13. Use 3, 2, and 1 for the weights of the most recent, second most recent, and third most recent periods, respectively b) Find the MAD, MSE and MAPE
In the chart attached, listed three sentences to describe whats taken place in the sales trend over the pass four years
Give typed full explanation

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