Please show formula and solutionThere are approximately 15,000 households in the Sampaloc, Manila. Over the 6-month lockdown, a number of households purchased one (1) unit of air conditioner. The breakdown of the brands purchased is as follows:Super Lamig - 4,688 householdsFrozen to Death - 1,456 householdsFeeling Airy - 2,355 householdsTyphoon - 3,899 householdsBased on the above data, what is the market penetration of air conditioning units in Sampaloc, Manila during the 6-month lockdown period?

Market penetration is described as the measurement while assessing of how much a particular product…

Answered: Please show formula and solution There…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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

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Please show formula and solution

There are approximately 15,000 households in the Sampaloc, Manila. Over the 6-month lockdown, a number of households purchased one (1) unit of air conditioner. The breakdown of the brands purchased is as follows:

Super Lamig - 4,688 households
Frozen to Death - 1,456 households
Feeling Airy - 2,355 households
Typhoon - 3,899 households

Based on the above data, what is the market penetration of air conditioning units in Sampaloc, Manila during the 6-month lockdown period?

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