Idle production capacity may be related to inven-tory or capacity management. How would thepricing component of the marketing mix reduceidle production capacity for (a) a car wash, (b) astage theater group, and (c) a university?

Q: snip

A: In the magazine titled "The Top 100 Undergraduate Business Programs" was mentioned that the staff…

Q: Product Department Revenue Beverages $14.00 Dairy Beverages Alcoholic Beverages Dairy bany Alcoholic…

A: Production refers to the process of transforming inputs (such as raw materials, labor, and capital)…

Q: Compute the company’s inventory turns and days of supply for last year.

A: Here, for the given data, here, I could see the cost of goods sold and the total inventory…

Q: Name and describe the two basic types of warehouses.

A: The warehouse is more than just storing of goods, but it also includes other functions, such as…

Q: OPMFORMULA is a medium-sized baby formula production plant in Boston, Massachusetts. The company has…

A: Acquisitions are considered advantageous for business for the following reasons: The company that…

Q: OPMFORMULA is a medium-sized baby formula production plant in Boston, Massachusetts. The company has…

A: Demand for goods can be understood as how much the customers are wanting to buy a product from the…

Q: A company produces bicycles with various raw material components. Each component has a number of…

A:

Q: Salad Daze maintains an inventory of produce worth $380. Its total bill for produce over the course…

A: Inventory maintained = $380Total yearly bill = $71,000Working days in a year = 365 days

Q: How are Goods operations different from Service operations?

A: Merchandise or products are unmistakable, as in these have an actual presence and they can be…

Q: HPU currently has a recycling program for paper waste. The fixed cost of running this program is…

A: Find the given details below:

Q: Explain in what ways can information be helpful in logistics  and supply chain management ?

A: Information is critical to a supply chain's success because it serves as the foundation for…

Introduction to service marketing

Organizations that provide products or products to their consumers use service marketing to enhance brand recognition and revenue. In contrast to product marketing, service marketing promotes intangible transactions that add value to clients. Advertisers utilize efficient service marketing methods to gain client trust and demonstrate how their product may benefit them. Service marketing is interaction and value-based marketing.