JJ Boutique has opened four new stores in college towns across the state. Data on monthly sales volume and labor hours are given below. Which store location has the highest labor productivity? 2. JJ Boutique’s accountant (from problem 1) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations. Store A pays the highest average wage at $5.70 an hour; Store B pays $5.50 an hour; Stare C $5 and Store D $4.50. The cost to rent store space is about $1,600 a month in Store A, $2,100 in Store B, $1,000 a month in Store C and $800 a month in Store D. Which store is most productive? 3. JJ Boutique is not sure it can keep all stores open. Based on multifactor productivity, which store would you close?

JJ Boutique has opened four new stores in college towns across the state. Data on monthly sales volume and labor hours are given below. Which store location has the highest labor productivity? 2. JJ Boutique’s accountant (from problem 1) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations. Store A pays the highest average wage at $5.70 an hour; Store B pays $5.50 an hour; Stare C $5 and Store D $4.50. The cost to rent store space is about $1,600 a month in Store A, $2,100 in Store B, $1,000 a month in Store C and $800 a month in Store D. Which store is most productive? 3. JJ Boutique is not sure it can keep all stores open. Based on multifactor productivity, which store would you close?

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter15: Retailing, Direct Marketing, And Wholesaling

Section15.2: Lowe’s Taps Technology For Retailing Edge

Problem 1C

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