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I was given this exercise:
There is a product of KFC for children that is low selling rate. To stimulate the sale, manager set a promotion plan that whenever customer orders that product, they will be awarded a toy (of course for the child).
What I have to do is plan an action plan for this (determine the cost, how profit it will be, how many customers to achieve that...something like this since I'm in Marketing course). It should be in a table.
The numbers are not need to be exactly real, but need to be reasonable and the whole plan is DOABLE.
You described the importance of the 5C's and of these, customer focus as one that is very important to a company. However, the customer is not always the end user,
Formulate linear programming model for this problem. Mention the objective function (minimize or maximize) and all model constraints. Solve this model graphically. Identify the following: each constraint line, feasible solution area, x1, x2 and Z..
An aircraft company has an order to refurbish the interiors of six jet aircraft. The work has a learning curve percentage of 85. On the basis of previous experience with similar jobs, the industrial engineering department estimates that the first ..
16 percent of the employees in an organization have managerial positions also 26 percent of the employees in the organization have MBA degrees. Also, 61 percent of the managers have MBA degrees. Utilizing the probability formulas, find out the pro..
Consider the table below. This time, the historical profitability of eight locations is listed in the table. Devise a regression equation
Illustrate what is average inventory if costs are minimized. Suppose that ordering cost is not $20.68 and Cotteler has been ordering 175 units each time an order is placed. For this order policy.
what is bakers inventory turnover? what is the percent of bakers assets committed to inventory? how does bakers performance compare to Arrow distrubuting?
Despite great strides in our country, are re still issues that divide us along racial or cultural lines. If so, illustrate what can organizations do to change this. Illustrate what is our personal responsibility in making positive changes and redu..
By the early 1970's, IKEA had established itself as the largest furniture retailer in Sweden. Illustrate what was the source of its competitive advantage at the time.
You have been asked by the Chief Financial Officer (CFO) to join a cross function project team to work on a new product concept. The first task is to explain to the team
If the vendor is willing to offer a discount of $10 per order for ordering multiples of 50 units (e.g. 50, 100, 150), would you advise the manager to take advantage of the offer in either period?.If so, illustrate what order size would you recomme..
What is the probability that the "BX" tire will last beyond 46,000 miles? Unrelated to part a. Goodstone Tire Company manufactures the "BX" Tire that has an expected life that is exponentially distributed with a mean of 35,000 miles
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