Review Test Submission 4
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Texas A&M University, Corpus Christi *
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5320
Subject
Marketing
Date
Feb 20, 2024
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docx
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1
Uploaded by JudgeMoleMaster777
Question 9
What is the second phase of the value creation and delivery sequence?
Selected Answer:
providing the value
Answers:
calculating the value
providing the value
choosing the value
calibrating the value
communicating the value
Question 10
Your firm has experienced a decline in sales over the last three quarters. You have traced the problems to distribution inefficiencies. Which of the following should you track to ensure that the firm's distribution efficiency is maximized?
Selected Answer:
average sales per point of sale
Answers:
repurchase rate
trial rate
new customer gains
sales from new products
average sales per point of sale
Question 11
Which of the following is an example of growth by diversification?
Selected Answer:
a company introducing new product category in a new market
Answers:
a company introducing a new product category in an existing market
a company introducing new product category in a new market
a company integrates backward to cut costs
a company introducing its existing products in a new market
a company increases its product line in an existing market
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Related Questions
customers. Do this in your notebook.
and
customers. Do this in
Situation:
a substantial number of customersS who will claim remittance through him and
will buy his sari-sari store afterwards.
Value Proposition:
Unique Selling Proposition:
arrow_forward
Based on the information, which of the following themes are related to:
PRODUCT
☐ ORDER
PRODUCT-ORDERED
NONE OF THE ABOVE
☐ CUSTOMER
arrow_forward
Please do not give solution in image format thanku
the drop down options are B-A-C For all
arrow_forward
X1= 29000
X2= 5
I need a clear step by step answer please :)
arrow_forward
21-
Which one of the following represent FIFO method of inventory evaluation?
a.
Old items remain in inventory
b.
Old merchandise is sold first
c.
New merchandise is sold first
d.
Average number of goods are sold
arrow_forward
X1= 29000
X2=5
I need a step by step answer please :)
arrow_forward
28
arrow_forward
Question 1: Which of the following best defines " stockout costs"? options: A) They are physical goods used in operations. B) They are costs associated with retrieving inventory items from a workshop C) They are costs associated with interruptions to assembly lines D) They are associated with inventory being unavailable when needed to meet demand. E) None of the above.
Question 2 At many LCBO stores in Ontario, Hennessy Cognac is kept in a clear locked case. Based on this information, according to the ABC Inventory Analysis method, is Hennessy most likely to be classified as an A item, a B item, a C item, or none of these? Question 2 options: A) C item B) None C) A item D) B item
Question 3 What purpose does Rent the Runway's high-speed reverse logistics system serve? options: A) It allows the customers to return inventory to the fulfillment centre in record time. B) It allows the company to send inventory out to recipients (customers) in record time. C) It allows customers to return…
arrow_forward
Does variation in demand matter? What is its respective implications? (High/low)
arrow_forward
Please do not give solution in image format thanku
arrow_forward
Management Information Systems
arrow_forward
reeway company introduces an improved version of an PC product in 2021; it is likely that the demand for the existing PC will decline because customers will buy the improved version. The decline in demand for the original product is not indicated by historical data.
your opinion about the historical demand data will be:
a. the historical demand is still useful in that it allows the firm to estimate the combined total demand for the two versions
b. the historical demand is not useful.
c. the historical demand is still useful in that it allows the firm to estimate the demand for the old version only
d. the historical demand is still useful in that it allows the firm to estimate the demand for the new version only
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20.
Identifying true or false:
I - Just-in-time purchasing is guided solely by the economic order quantity.
II - Companies that implement JIT purchasing will switch their suppliers when another supplier offers alower price.
III - Just-in-time purchasing describes the flow of goods, services, and information from the initial sourcesof materials and services to the delivery of products to consumers, regardless of whether those activities occur in the same organization or in other organizations
Group of answer choices
All are false.
T, T, F
F, F, T
All are true
T, F, T
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How to manage a order when there is lack of team members in the order management and order need to be fulfilled in short span of time in the following situations :-
I) When Delivery team missing
II) When Packaging Team missing
III) When Billing Team missing
(Answer in points only ) upvote for quality answer
arrow_forward
Please do not give solution in image format thanku
Lately, in order to stimulate demand for its Mexican routes, United Airways has decided to offer a special non-refundable, non-exchangeable, one-month advance-purchased ticket on its Chicago Cancun route for only $450 instead of the regular $650 round-trip fare. The DC-10 used by United Airways has a capacity of 150 passengers in tourist class. Past data analysis showed that the demand for full-fare tickets follow a normal distribution with mean of 60 and a standard deviation of 15. Calculate the number of full-fare seats to reserve.
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Using domestic suppliers can sometimes ________.
Group of answer choices
Increase lead times
Increase price
Increase variability
All of these answers
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Q24
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Purchase planning is not a part of supply chain planning.Select one:a. Trueb. False
arrow_forward
Q3- Define vertical storage and horizontal storage? What is effective for FMCG
versus Industrial goods?
arrow_forward
Charlie’s Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An American distributor stops by every four weeks to take orders. Because the orders are shipped directly from Italy, they take three weeks to arrive. Charlie’s Pizza uses an average of 150 pounds of pepperoni each week, with a standard deviation of 30 pounds. Charlie’s prides itself on offering only the best-quality ingre- dients and a high level of service, so it wants to ensure a 98 percent probability of not stocking out on pepperoni. Assume that the sales representative just walked in the door and there are currently 500 pounds of pepperoni in the walk-in cooler. How many pounds of pepperoni would you order?
arrow_forward
117) Which of the following represents value in use but not value in exchange?
a) Using oxygen from air to breathe
b) Purchasing oxygen in a cylinder
c) Prescription drugs
d) OTC drugs
arrow_forward
Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to the occasional fixer-upper who
would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for a particular tool set that promises to be a big seller. Expected
annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management collected data on the two suppliers, which are contained in the table below:
Annual
Price/Unit Holding Cost/Unit Lead Time (L)
(p)
(wks)
Supplier 10,000 25,000 50,000
Bradley $40,000 $26,000 $19,000
Alexander $30,000 $28,000 $17,000
$7.15
$7.15
a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest?
and a shipping quantity of
Using
Annual Freight Costs
Shipping Quantity (Q)
-w an example Get more help.
(H)
$1.43
$1.43
6
4
Annual…
arrow_forward
Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to
the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for
a particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management
collected data on the two suppliers, which are contained in the table below:
Annual Freight Costs
Shipping Quantity (Q)
Price/Unit Annual Holding Lead Time (L)
Annual
Supplier
Bradley
Alexander
50.000
$18,000
$17.000
Cost/Unit (H)
$1.43
$1.43
10,000
25,000
(p)
$7.15
(wks)
Administrative Cost
$40,000
$30,000
$26.000
$25.000
$15,000
S7.15
6
$10.000
a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest?
Using
and a shipping quantity…
arrow_forward
Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to
the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for
a particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management
collected data on the two suppliers, which are contained in the table below:
Annual Freight Costs
Shipping Quantity (Q)
Price/Unit Annual Holding Lead Time (L)
Cost/Unit (H)
$1.43
$1.43
Annual
Supplier
Bradley
10,000
$40,000
50,000
$18,000
$25,000 $17,000
25,000
(p)
S7.15
(wks)
Administrative Cost
$26.000
5
$15,000
Alexander
$30,000
S7.15
$10.000
a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest?
Using Alexander and a…
arrow_forward
Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to
the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for
a particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management
collected data on the two suppliers, which are contained in the table below:
Annual Freight Costs
Shipping Quantity (Q)
Price/Unit Annual Holding Lead Time (L)
Cost/Unit (H)
$1.43
Annual
Supplier
Bradley
Alexander
Administrative Cost
$15,000
$10.000
10.000
25,000
50,000
(p)
$7. 15
(wks)
$40,000
$30,000
$26,000
$18.000
$25,000 $17,000
$7,15
$1.43
6
a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest?
Using Alexander and a…
arrow_forward
Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to
the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for a
particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management
collected data on the two suppliers, which are contained in the table below:
Annual Freight Costs
Shipping Quantity (Q)
Price/Unit Annual Holding Lead Time (L)
(p)
$7.15
$7,15
Annual
Supplier
Bradley
Alexander
10,000
25,000
$40.000 $26.000
50,000
$18.000
Cost/Unit (H)
(wks)
Administrative Cost
$15.000
$1.43
$1.43
$30,000
$25,000
$17,000
6
$10,000
a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest?
Using
V and a shipping…
arrow_forward
Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to
the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for a
particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management
collected data on the two suppliers, which are contained in the table below:
Annual Freight Costs
Shipping Quantity (Q)
Price/Unit Annual Holding Lead Time (L)
Cost/Unit (H)
Annual
Supplier
Bradley
Alexander
10,000
$35,000
25,000
$27,000
$40,000 $28,000 $18,000
50,000
$17,000
(p)
(wks)
Administrative Cost
$8.10
$8.10
$1.62
$1.62
$15,000
$10,000
6
a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest?
Using
V and a shipping…
arrow_forward
If you dump your mobile service provider after three billing errors in a row, you ended your loyalty because of a ________.
Question options:
core service failure
convenience
service encounter failure
competition
pricing issue
arrow_forward
The increase in the size of an TNC is due to the dominant position of the TNC in the country of origin and other countries.
Select one:falseFalse
arrow_forward
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- customers. Do this in your notebook. and customers. Do this in Situation: a substantial number of customersS who will claim remittance through him and will buy his sari-sari store afterwards. Value Proposition: Unique Selling Proposition:arrow_forwardBased on the information, which of the following themes are related to: PRODUCT ☐ ORDER PRODUCT-ORDERED NONE OF THE ABOVE ☐ CUSTOMERarrow_forwardPlease do not give solution in image format thanku the drop down options are B-A-C For allarrow_forward
- X1= 29000 X2= 5 I need a clear step by step answer please :)arrow_forward21- Which one of the following represent FIFO method of inventory evaluation? a. Old items remain in inventory b. Old merchandise is sold first c. New merchandise is sold first d. Average number of goods are soldarrow_forwardX1= 29000 X2=5 I need a step by step answer please :)arrow_forward
- 28arrow_forwardQuestion 1: Which of the following best defines " stockout costs"? options: A) They are physical goods used in operations. B) They are costs associated with retrieving inventory items from a workshop C) They are costs associated with interruptions to assembly lines D) They are associated with inventory being unavailable when needed to meet demand. E) None of the above. Question 2 At many LCBO stores in Ontario, Hennessy Cognac is kept in a clear locked case. Based on this information, according to the ABC Inventory Analysis method, is Hennessy most likely to be classified as an A item, a B item, a C item, or none of these? Question 2 options: A) C item B) None C) A item D) B item Question 3 What purpose does Rent the Runway's high-speed reverse logistics system serve? options: A) It allows the customers to return inventory to the fulfillment centre in record time. B) It allows the company to send inventory out to recipients (customers) in record time. C) It allows customers to return…arrow_forwardDoes variation in demand matter? What is its respective implications? (High/low)arrow_forward
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