A hotel has a standard rate of $99.99. One of the distribution channels used by the property has a selling cost of $10 per room sold. Find the channel’s net ADR yield.
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A hotel has a standard rate of $99.99. One of the distribution channels used by the property has a selling cost of $10 per room sold. Find the channel’s net ADR yield.
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- Costco launched the warehouse shopping model when it opened its first location in 1976, requiring customers to purchase an annual membership in order to shop at the store.65 The first location was called Price Club and initially sold only to small businesses. More than 40 years later, Costco is one of the nation’s top retailers and the nation’s largest membership warehouse chain. They operate more than 700 warehouses located around the world, with more than 80 million members and over $116 billion in annual revenues. In addition to demonstrating steady growth throughout its history, the company consistently performs better than competitors. For example, Costco’s sales per square foot are nearly 70 percent higher than their closest competitor, Sam’s Club. So how has Costco achieved this level of success? Experts agree that Costco’s simple strategy has allowed the company to persist, even in challenging times. In fact, some say Costco has the best business model in the retail industry.…what characteristic of the hospitality and tourism product is described in the following scenario: if an airline sells 150 of 200 seats on an airplane, the airline cannot inventory the seats until the next flight and sell 250 seats a. perishability b. seasonality c. standardization d. inseparabilityMattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.52 million and inventory was $1.55 million. This year, costs of goods sold is $8.62 million and inventory investment is $1.64 million. Part 2 a) What was its weeks of supply last year? enter your response here weeks (round your response to two decimal places). Part 3 b) What is its weeks of supply this year? enter your response here weeks (round your response to two decimal places). Part 4 c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has ▼ increased decreased not changed , Mattress Wholesalers is making ▼ progress no progress negative progress in its inventory-reduction effort.
- How do you know where Zone A, Zone B, and Zone C start after completing your ABC purchasing curve?Convenience store prices are generally higher than supermarket prices. Discuss why convenience store patrons are willing to pay the price premiums here rather than go to supermarkets instead.A distribution channel for the sale of imported Italian leather shoes includes a manufacturer, a distributor and a retailer. The retailer sells the shoes to his consumers for $127 a pair, earning a margin of 20%. The distributor buys the product directly from the manufacturer for $78. The manufacturer realizes a 59% margin when selling to the distributor. If the retailer must maintain a margin of at least 12% on every pair of shoes sold and believes the retail customer won't pay more than the current retail price, what is the most the retailer would be .willing to pay the distributor for shoes?
- Matt ress Wholesalers, Inc., is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.5 million and inventory was $ 1.5 million. This year, cost ofgoods sold is $8.6 million and inventory investment is $1.6 million. Ja) What were the weeks of supply last year?b) What are the weeks of supply this year?c) Is Mattress Wholesalers making progress in its inventoryreduction effort?Some high-fashion retailers, notably H&M and Zara, sell what some call“disposable fashion”—apparel priced so reasonably low that it can bedisposed of after just a few wearings. Here is your dilemma: You havean important job interview and need a new suit. You can buy the suit atone of these stores for $129 or at Brooks Brothers for $500. Of course,the Brooks Brothers suit is of higher quality and will therefore lastlonger. How would you use the two value-based approaches describedin this chapter to determine which suit to buy?9.2 Marketing Channel Profitability (Figure 9-5) How does the net marketing contribution and marketing ROI change if the business modifies its sales mix to 30% direct sales, 40% agent distributor, and 30% distributor retailer? How does the net marketing contribution and marketing ROI change if the business replaces the direct sales channel with the agent-distributor channel, with a sales mix of 60% agent distributor and 40% distributor retailer?
- A distribution network provides a number of items or services is known as Select one: Product variety Response time Order visibility Product availability The interaction between a customer and a retailer is primarily in terms of three flows. Which of these items is NOT one of the flows? Select one: Information Product Funds ContractsMattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.48 million and inventory was $1.48 million. This year, costs of goods sold is $8.56million and inventory investment is $1.59 million. Part 2 a) What was its weeks of supply last year? enter your response here weeks (round your response to two decimal places). a) What was its weeks of supply last year? weeks (round your response to two decimal places). Part 3 b) What is its weeks of supply this year? weeks (round your response to two decimal places). Part 4 c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has. Mattress Wholesalers is making, in its inventory-reduction effort.Posing choices for the prospect in which either alternative represents a sale.“Would you prefer to order the paint and primer combination or purchase the items separately?”