Given this information on planned and actual inputs and outputs for a service center, determinethe work backlog for each period. The beginning backlog is 12 hours of work. The figures shownare standard hours of work.PERIOD1 2 3 4 5Input Planned 24 24 24 24 20Actual 25 27 20 22 24Output Planned 24 24 24 24 23Actual 24 22 23 24 24
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
Given this information on planned and actual inputs and outputs for a service center, determine
the work backlog for each period. The beginning backlog is 12 hours of work. The figures shown
are standard hours of work.
PERIOD
1 2 3 4 5
Input Planned 24 24 24 24 20
Actual 25 27 20 22 24
Output Planned 24 24 24 24 23
Actual 24 22 23 24 24
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