QUESTION : No Comments

(Solved) : It is very important to make sure that you align your pri

It is very important to make sure that you align your pricing strategy with your target market and branding strategy. Below are various different businesses and pricing strategies.

Match each business with the pricing strategy that you believe the business is using.

Discuss why you think the business is using the pricing strategy that you did.

Pricing Strategy

Penetration Pricing
Pricing Skimming
Premium Pricing
Competitive Pricing
Economy Pricing
Promotional Pricing

Business

Bentley Motors
Motorola
Kohl’s
D

Expert Answer

---

Bentley Motors:- the company is operating in luxurious cars and thus it is following the Premium Pri

READ MORE

QUESTION : No Comments

(Solved) : Business-Sustainability 1) What is a good thesis state

Business-Sustainability

1) What is a good thesis statement for a paper on the benefits of sustainability in the fast fashion industry?

2) Write an outline for a paper on sustainability in the fast fashion industry.

Expert Answer

---

Thesis statement – Sustainability in the fast fashion industry is of paramount importance as fashion

READ MORE

QUESTION : No Comments

(Solved) : The amount of Profit on a Firm Fixed Price (FFP) contract

The amount of Profit on a Firm Fixed Price (FFP) contractor receives is? a. controlled by government regulated dollar threshold b. controlled by contractor efficiencies

Expert Answer

---

The correct answer is option b.

Firm fixed price type of contract encourage contractor efficiency

READ MORE

QUESTION : No Comments

(Solved) : Inventory Management : Danny Steel Inc., fabricates vario

Inventory Management : Danny Steel Inc., fabricates various products from two basic inputs, bar stock and sheet stock. Bar stock is used at a steady rate of 1,000 units per year and costs $200 per bar. Sheet stock is used at a rate of 500 units per year and cost $150 per sheet. The company uses a 20 percent annual holding cost rate, and the fixed cost to place an order is $50, of which $10 is the cost of placing the purchase order and $40 is the fixed cost of a truck delivery. The variable (i.e. per unit charge) trucking cost is included in the unit price. The plant runs 365 days per year.
a) C ompute the optimal order quantities for bar stock and sheet stock.

b) Compute the annual cost (holding plus order) for bar stock and sheet stock in two different situations: I . No chance to share trucks ; II . S heet stock orders always overlap with bar stock orders and there is no trucking cost for sheet stock. (Note: do not consider the unit cost in your calculations).

c) Suppose it is possible to share trucks for bar stock and sheet stock. The manager changed the order interval for bar stock and sheet stock to 14 days and 28 days respectively. Compute the annual cost (holding plus order) based on the new order intervals.

Expert Answer

---

a) Determine EOQ

Optimal order quantities of bar stock = 50

Optimal order quantities of shee

READ MORE

QUESTION : No Comments

(Solved) : Mapping the Process of Innovation 1.Pick an industry (e.g

Mapping the Process of Innovation 1.Pick an industry (e.g. groceries, airlines, publishing, etc.) and explain the innovative process that must take place for successful integration of innovation. 2.Recommend how an industry leader should search, select, implement, acquire, execute, launch, and sustain an innovative offering that is appropriate for the chosen industry. 3.What can they learn from the adopting innovation? 4.How can this be used to maintain a competitive edge? 5.Were there any areas within this process that required extra emphasis?

Expert Answer

---

Innovation is getting or developing new ideas, something which is never done before by anybody else.

READ MORE

QUESTION : No Comments

(Solved) : CalJuice Company has decided to introduce three fruit jui

CalJuice Company has decided to introduce three fruit juices made from blending two or more concentrates. These juices will be packaged in 2-qt (64-oz) cartons. One carton of pineapple-orange juice requires 8 oz each of pineapple and orange juice concentrates. One carton of orange-banana juice requires 12 oz of orange juice concentrate and 4 oz of banana pulp concentrate. Finally, one carton of pineapple-orange-banana juice requires 4 oz of pineapple juice concentrate, 8 oz of orange juice concentrate, and 4 oz of banana pulp concentrate. The company has decided to allot 16,000 oz of pineapple juice concentrate, 24,000 oz of orange juice concentrate, and 5000 oz of banana pulp concentrate for the initial production run. The company also stipulated that the production of pineapple-orange-banana juice should not exceed 860 cartons. Its profit on one carton of pineapple-orange juice is $1.00, its profit on one carton of orange-banana juice is $0.80, and its profit on one carton of pineapple-orange-banana juice is $0.90. To realize a maximum profit, how many cartons of each blend should the company produce?

pineapple-orange juice cartons
orange-banana juice cartons
pineapple-orange-banana juice cartons

What is the largest profit it can realize?
$

Are there any concentrates left over? (If so, enter the amount remaining. If not, enter 0.)

pineapple concentrate oz
orange concentrate oz
banana pulp concentrate o

Expert Answer

---

The supply sources (Concentrates in oz) are

S1 = pineapple juice (16000)

S2 = Orange Juice (24

READ MORE

QUESTION : No Comments

(Solved) : Some of the factor(s) the contracting officer should cons

Some of the factor(s) the contracting officer should consider when determining a price to be “fair and reasonable” is/are:

a. market conditions

b. supply and demand

c. presence of competition

d. all of above

Expert Answer

---

The correct answer is option d.

The contracting officer consider different factors when evaluatin

READ MORE

QUESTION : No Comments

(Solved) : Under common law principles, for many years private hospi

Under common law principles, for many years private hospitals were essentially free of court intervention in decisions about medical staff appointments.

Expert Answer

---

.

READ MORE

QUESTION : No Comments

(Solved) : Data envelopment analysis has been used to measure the rela

Data envelopment analysis has been used to measure the relative efficiency of a group of hospitals One particular study involved seven teaching hospitals; data on three input measures are contained in Table 1 and data on four output measures are contained in Table 2. Formulate a linear programming model so that data envelopment analysis can be used to evaluate the performance of hospital D. Solve the model using a computer software package. Is hospital D relatively inefficient? What is the interpretation of the value of the objective function? How many patient-days of each type are produced by the composite hospital? Which hospitals would you recommend hospital D consider emulating to improve efficiency of its operation?

Expert Answer

---

https://d2vlcm61l7u1fs.cloudfront.net/media%2F791%2F791c54a8-58ae-43e8-b8d1-68dc0363c790%2FphpfUL3aO

READ MORE

QUESTION : No Comments

(Solved) : Jumbo manufactures bicycles for all ages. The demand fore

Jumbo manufactures bicycles for all ages. The demand forecast for the coming year is as shown in Table 9-15. Capacity at Jumbo is limited by the number of employees it hires. Employees are paid $10 per hour for regular time and $15 per hour for overtime. Each bicycle requires two hours of work from one employee. The plant works 20 days a month and eight hours a day of regular time. Overtime is restricted to a maximum of 20 hours per employee per month. Jumbo currently has 250 employees and prefers not to change that number. Each bicycle uses $35 of material. Carrying a bicycle in inventory from one month to the next costs $4. Jumbo starts with 4,000 bicycles in inventory and wants to end the year with 4,000 bicycles in inventory. Bicycles are currently sold to retailers for $80 each. The market is shared between Jumbo and its competitor, Shrimpy. Jumbo is in the process of making its production planning and promotion decisions. Jumbo wants to consider only plans without any stockouts. One option is to drop the sale price by $3 (from $80 to $77) for one month in the year. The outcome of this action by Jumbo is influenced by the action taken by Shrimpy. If neither firm promotes, the forecast demand for Jumbo is as shown in Table 9-15. If Jumbo promotes in a given month but Shrimpy does not, Jumbo sees consumption (this does not include forward buying) in that month increase by 40 percent and forward buying of 10 percent from each of the two following months. If Shrimpy promotes in a given month but Jumbo does not, Jumbo sees consumption in the month drop by 40 percent with no change in other months. If both promote in a given month, neither sees an increase in consumption but both see forward buying of 15 percent from each of the two following months. The debate within Jumbo is whether to promote, and if so, whether to do it in April or June. For the following questions, assume that Shrimpy and Jumbo have similar demand. (a) What is the optimal production plan for Jumbo assuming no promotion by either Jumbo or Shrimpy? What are the annual profits for Jumbo? (b) What are the profits for Jumbo if Shrimpy promotes in April but Jumbo does not promote throughout the year (they follow everyday low pricing)? What are the profits for Jumbo if it promotes in April but Shrimpy does not promote throughout the year? Comment on the benefit from promoting versus the loss from not promoting if the competitor does. (c) What are the optimal production plan and profits if both promote in April? Both promote in June? Jumbo promotes in April but Shrimpy in June? Jumbo promotes in June but Shrimpy in April? (d) What is the best decision for Jumbo if it can coordinate its decision with Shrimpy? (e) What is the best decision for Jumbo if it wants to maximize its minimum profits no matter what Shrimpy does?

Jumbo manufactures bicycles for all ages. The dema

Expert Answer

---

What is the optimal production plan for Jumbo assuming no promotion by either Jumbo or Shrimpy?
Pro

READ MORE