which of the following would be calculated variable from other data: 1. Product Sales Price 2. Product availability 3. Coupon Availability 4. Average Customer rating
Q: Use Cricket West Indies sports organisation and illustrate a simple price strategy for one of its pr...
A: Introduction Considering your expenses and applying a mark-up isn't enough to figure out how much to...
Q: What name would you give to your business venture? What is the significance of that name? Would it p...
A: The company aimes to capture market for noodles and also use the e-commerce market.
Q: Investment). The campaign generated the following in incremental sales: 165 units sales (#) at ave...
A: A company will invest heavily into marketing so as to gain customers. Through marketing they can edu...
Q: Describe for 4 functions of communication.
A: The functions of communication in the organization are to inform, persuade, and encourage. Employees...
Q: Identify a product that practices optional product pricing. Discuss the nature of the base product a...
A: Definition : The optional product pricing is when the company makes its products or goods and servic...
Q: What do you think about the importance of conducting market research?
A:
Q: What do we mean when we say that businesses should make it a point to give "customer delight"? and w...
A: Exceeding a customer's expectations to generate a great customer experience with a product or brand ...
Q: How can the promotional mix turn into strategy? Explain your answer.
A: A promotional mix is a collection of several marketing methods used to convey the benefits of utiliz...
Q: Amazon Web Services a business-oriented platform?
A: Amazon Web service is a company, which is owned by Jeff Bezos and the details are discussed as follo...
Q: Provide a short explanation for each of the five steps of the product development strategy that Toyo...
A: Product development strategy refers to the actions taken to introduce new product in the market or m...
Q: Culture is an integral part of an individual and a society. Understanding the culture of each countr...
A:
Q: Answer the Picture Below
A: One problem can be solved in multiple ways by all the companies. This can be depending on the level ...
Q: Briefly explain the Basic OB Model
A: The organizational model of organization is a basic structure that demonstrates the relationship bet...
Q: Discuss, with reasons, whether they fall into the category of applied or basic research. Scenari...
A:
Q: 2. This print ad is using the following tactics: Are you making plans for yourwife's Come on now, ow...
A: Before we directly answer the given print ad strategy, let us first know what is direct and indirect...
Q: What are the steps that you will recommend to Amazon which assist in the successful building a prosp...
A: About Amazon Company - Amazon.com, Inc. is a global innovation company based in the United States th...
Q: Justify THREE popular customer sales promotion items to Guardian outlet
A: There are many types of popular customer sales promotion items which can be used to increase the sal...
Q: Define market development strategy?
A: Using the Product Development strategy, the company starts to produce more new products which can be...
Q: 1. As a student, what is your opinion on the use of information technology by pharmacists? Are we ut...
A: Information Technology has shaped every modern-day industries and irrespective of their sectors and ...
Q: 5. The marketing manager of a large truck manufacturer was surprised to learn that the price lists g...
A: Compliance has a simple definition. It merely follows the laws, rules or regulations. The government...
Q: Why is the correct identification of the measurement scale of the variables important in Business Re...
A: Scale of measurement, in mathematical analysis, the type of information given by numbers. Each of th...
Q: Give three examples of products or services that use unconventional business model (i.e, they do not...
A: Step 1 Introduction Marketing refers to process of identification and fulfillment of consumer needs...
Q: Opportunity seeking is the last step and is the most difficult process of all due to the number of o...
A: Opportunity seeking is the last step and is the most difficult process of all due to the number of o...
Q: Your lecturer has assigned you to present in class on the impact of culture towards global marketing...
A: The culture of certain country differs from country to country, so the marketing strategy designed f...
Q: preparing a research proposal on the impact of working from home during covid 19 on small businesse...
A: One of the effects of the COVID situation on our economy is a much broader recognition and exploitat...
Q: Drip Footwear is more than just a sneaker. It is a brand that is dedicated to working withcustomers ...
A: The importance of purchasing and supply can never be underestimated and it is one of the most import...
Q: Home Shopping" TV channels normally offer products that viewers will not get to see anywhere else. D...
A: The home shopping Tv channels normally have unique strategy of marketing and various promotional too...
Q: The study of political system in a certain area or location. * O Anthropology O Sociology O Politica...
A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...
Q: Differentiate consumer and industrial product and provide sample companies that produces that partic...
A: The main goal or aim of any business is to develop a product or service and launch it in the market....
Q: The integral objective of capacity planning is to achieve a match between the long-term supply capab...
A: Capacity planning is defined as the process of matching an organization's capabilities to the expect...
Q: . A market researcher company requested all teachers of a school to fill up a questionnaire in relat...
A:
Q: Innovation is the key to the development and growth of an organization. In this context explain with...
A: Service innovations assure or improve an offering's reliability, efficiency, and perceived worth. It...
Q: explain the role of Marketing Mix in Marketing
A: Marketing can be simply defined as the sum of all processes and actions involved in the creation and...
Q: Identifying what middlemen are. Next, discuss whether middlemen have an important role to play in ou...
A:
Q: Conduct research and create a concise report on how mobile advertising affects sales and marketing.
A: The research is conducted for analysis of specific topic and mobile advertising affects the sales an...
Q: Many products are now being sold online. Name three products that you believe should never be bought...
A: Product is one of the 4 Ps of marketing mix that helps to influence the customers to make purchases....
Q: Recruitment activity is not included in the quality assurance system of a service laboratory
A: Quality Assurance system of service laboratory is an important part of this service laboratory. The ...
Q: Why do we need to know the family life cycle of our customers? 5 SENTENCES EACH ONLY NO GOOGLE PLEAS...
A: Knowing the family life cycle of customers is very important as this helps the businesses to know an...
Q: Why social media monitoring is applied in marketing research? Discuss the risk of not applying socia...
A: Company creates products and services which solve the problem of customers. These products and servi...
Q: ALI SHAIHANI GROUP OF INDUSTRIES Ali Shaihani Group of Industries, the pioneers in the food and beve...
A: A product line is a collection of related products all market under a single brand name that is sold...
Q: Which of the following changes in cost-volume-profit factors will reduce the break-even point? Group...
A: The break even point is the point when the organisation reaches at a point where there is no loss an...
Q: What are three of your favorite brands? Why?
A: My three favourite brands are: 1. Apple: Apple is a brand that I admire. Because I enjoy elegance an...
Q: Specifically explain the reason why RFM Corporation can become a global company. Then explain how ca...
A: The RFM corporation is a public company which deals into foods and beverage industry and it is based...
Q: Describe the transaction processing system (TPS). Provide an example of where it is being used.
A: As the technology is increasing day by day and the latest technology and newest technology is adopte...
Q: Morocco Hotel Group where happy memories are made Mr. James Restovino Crystal Cleaning Inc. 433 West...
A: * Before understanding the purpose of given business letter we will first try to briefly understand ...
Q: Conduct some research about Nike's channel decisions: going with Amazon in 2017 and leaving Amazon i...
A: After thoroughly going through the given case study, we can circle out some of the most crucial high...
Q: Culture is an integral part of an individual and a society. Understanding the culture of each countr...
A: Culture can be defined as a mix of language , beliefs , symbols , values or even artifacts that exis...
Q: Can a person who is not efficient in math become proficient in Excel? Why or why not?
A: Perhaps one of the most common misunderstandings in learning a new computer application is that you ...
Q: Why is patenting needed in commercialization?
A: The patent is particular license under the intellectual property rights, in which any machinery, pro...
Q: The sales needed in the computation of Additional Funds Needed is the projected sale a year from now...
A: Additional Funds Needed refers to the additional funds that a company requires to carry out its busi...
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Under what conditions might a firm use multiple forecasting methods?The following table shows the three-period moving average and five-period moving average for monthly sales of Budget Furniture's during 2019. Moving averages of Budget Furniture's Time period Months Sales Three-period moving average (rounded off to Five-period moving average four decimals) R'millions 1 Jan 7 5.0000 6.2 February 5.6667 6.6 March 5 7.0000 B 4 April 8.3333 8.2 May 7 9.3333 8.4 June 8.3333 9.6 7 July 12 8.6667 9.6 August 4 A 9.2 September 10 10.6667 10 October 13 10.6667 11 November 9 12 December 10 The seasonal index for the month of February in 2019 is: LOA newly operated company producing household items would want to forecast its sales volume for the next month. It has been in operation for ten (10) months now. For the past ten (10) months, forecast and sales data for its top selling Item A are as follow: Time Period Forecasted Value Actual Sales (Quantity) 10th month 405 345 9th month 400 380 8th month 410 400 7th month 370 375 6th month 330 360 5th month 320 325 4th month 320 315 3rd month 305 300 2nd month 290 295 1st month 300 280 The operations manager observes the fluctuations on the sales quantity over the 10-month period that the company is in operation. To forecast for the 11th month, the team decided to evaluate options on what forecasting method to use. Their options are: To use the Moving Average Method using the sales data for the past 10 months, To use the Exponential Smoothing Average assigning a smoothing constant of .6 and To use the Trend-adjusted Exponential Smoothing assigning smoothing constants α =…
- Which type of analytics is used to know the effect of product price on sales. OA) predictive OB) forecast C) prescriptive D) descriptiveFollowing data on the demand for sewing machines manufactured by Taylor and Son Co. have been compiled for the past 10 years. Year 1971 1972 1973 1974 1975 78 1976 1977 1978 1979 99 1980 106 Demand 58 65 73 76 87 88 93 in (1000 units) Please estimate the value of demand for next 3 years using trend analysis.The following table shows the past two years of quarterly sales information. Assume that there are both trend and seasonal factors and that the seasonal cycle is one year. QUARTER SALES 1 215 2 240 3 205 4 190 5 160 6 195 7 150 8 140 Use regression and seasonal indexes to forecast quarterly sales for the next year. Note: Do not round intermediate calculations. Round your answers to 1 decimal place.
- A company has the following demand history by seasons over a two-year period. The production planner deseasonalizes the data first. Then, using the exponential smoothing method with a = 0.30 and F= 80, she forecasts the demand for the first season of 2021. Finally, the planner reseasonalizes her forecast. What is her final forecast for the first season of 2021? 2019 2020 Season 1 84 88 Season 2 76 71 Season 3 93 97 Season 4 46 51 Season 5 77 73 O a. 87.50 O b. 77.57 Oc. 79.87 O d. 75.98 O e. 86.43Smart Phone covers sales for the past 12 months is given below. Management forecast's for the months of March, April, May, and June are listed Month Unit Sales Management's Forecast Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 100 95 95 112 126 118 95 85 101 94 89 110 122 114 108 112 a) What is the MAD for the forecast developed by management sales (round your response to two decimal places) What in the MAPE for the forecast developed by management % (round your response to two decimal places). %3D1) Describe a scenario that you have encountered recently as a consumer where a business has either under forecast or iver forecast demand for a product that you were planning to purchase. You will generally notice under forecasting if the product is out of stock or over forecasting if there is excess inventory for the item. Describe the imolications to the retailer,manufacturer, and broader supply chain. You can present your response through thr lens of your own discpline (accounting,mafketing,etc.) if you wish. 2) Give three examples from your life in which you may forecast the future. Highlight the importance of accurate forecasting in the three examples you provide.
- The number of patients coming to the Healthy Start Maternity clinic has been increasing steadily over the past eight months. You are provided with some historical data as follows:Month Clinic attendance (in thousands) 1 3.42 3.93 4.54 5.05 5.86 5.97 6.58 6.7a. Identify and give a brief explanation of the:-i. Dependent variableii. Independent variable b. Use simple linear regression to forecast annual demand for months 9 and 10 by using the tabular method to:-i. Derive the values for the intercept and slope. ii. Derive the linear regression equation.iii. Plot the linear regression line. iv. Develop a forecast of the clinic attendance for months 9 and 10.The following equation summarizes the trend portion of quarterly sales of condominiums over a long cycle. Sales also exhibit seasonal variations. Using the information given, prepare a forecast of sales for each quarter of next year (not this year), and the first quarter of the year following that.Ft = 40 – 6.5t + 2t2whereFt = UnitSales t = 0 at, the first quarter of last yearQuarter Relative1 1.12 1.03 .64 1.3Please answer parts i, ii and iii of the below question. The table below shows the sales figures for a brand of shoe over the last 12 months. Months Sales January 69 February 75 March 86 April 92 May 95 June 100 July 108 August 115 September 125 October 131 November 140 December 150 Using the following, forecast the sales for the months up to January the following year:- i) A simple three month moving average. ii) A three period weighted moving average using weights of 1, 2 and 3. Assign the highest weight to the most recent data. iii) Exponential Smoothing when α= .6 and the forecast for March is 350.
