The average basket size per purchase per agent in the fashion category in April is Rp.180.000,-. A third of agents made only 1 purchase that month. A third made 2 purchases that month. The rest made an average of 3.5 purchases that month. What % of agents in April bought fashion? Sales of ABC Fashion category comes from two merchants: Verry Venka (VV) and Vuka Lavak (VL). VV typically constitutes 40% of the fashion sales in ABC. VV's COO came to us and said, "Let's make our relationship stronger. We would like to be the merchant of your agents." VV decided to launch a free shipping promotion for ABC agents during the 2ndhalf of May. The promotion is expected to grow VV's sales at ABC by 45% for the remainder of the month, over current forecasted figures for the rest of May. In addition to that, a third of VL's sales are expected to be shifted to VV. If this happens, by what % will ABC's overall fashion sales exceed target in May? If this happens, what % of fashion sales will come from VV in May?

The average basket size per purchase per agent in the fashion category in April is Rp.180.000,-. A third of agents made only 1 purchase that month. A third made 2 purchases that month. The rest made an average of 3.5 purchases that month. What % of agents in April bought fashion? Sales of ABC Fashion category comes from two merchants: Verry Venka (VV) and Vuka Lavak (VL). VV typically constitutes 40% of the fashion sales in ABC. VV's COO came to us and said, "Let's make our relationship stronger. We would like to be the merchant of your agents." VV decided to launch a free shipping promotion for ABC agents during the 2ndhalf of May. The promotion is expected to grow VV's sales at ABC by 45% for the remainder of the month, over current forecasted figures for the rest of May. In addition to that, a third of VL's sales are expected to be shifted to VV. If this happens, by what % will ABC's overall fashion sales exceed target in May? If this happens, what % of fashion sales will come from VV in May?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter13: Regression And Forecasting Models

Section13.4: Multiple Regression Models

Problem 12P

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