Compute the average time it takes to sell a car in the country discussed below. A high-end luxury car manufacturer sells 22,000 cars per year to four dealerships in four regions of a country. Assume 50 weeks per year. Out of this total sale, 30% of the cars are sold in North-Region, 23% are sold in East-Region, 11% are sold in West-Region, and the rest are sold in South-Region. On average there are 1,000 cars of this manufacturer in all dealerships. Out of this total inventory, 19% of the cars are in the dealership in North-Region, 30% is in East-Region, 11% is in West-Region, and the rest is in South-Region..
Compute the average time it takes to sell a car in the country discussed below. A high-end luxury car manufacturer sells 22,000 cars per year to four dealerships in four regions of a country. Assume 50 weeks per year. Out of this total sale, 30% of the cars are sold in North-Region, 23% are sold in East-Region, 11% are sold in West-Region, and the rest are sold in South-Region. On average there are 1,000 cars of this manufacturer in all dealerships. Out of this total inventory, 19% of the cars are in the dealership in North-Region, 30% is in East-Region, 11% is in West-Region, and the rest is in South-Region..
Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter4: Managing In A Global Environment
Section: Chapter Questions
Problem 1SGB
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Compute the average time it takes to sell a car in the country discussed below.
A high-end luxury car manufacturer sells 22,000 cars per year to four dealerships in four regions of a country. Assume 50 weeks per year.
Out of this total sale, 30% of the cars are sold in North-Region, 23% are sold in East-Region, 11% are sold in West-Region, and the rest are sold in South-Region.
On average there are 1,000 cars of this manufacturer in all dealerships.
Out of this total inventory, 19% of the cars are in the dealership in North-Region, 30% is in East-Region, 11% is in West-Region, and the rest is in South-Region..
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