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The textbook refers to a study of odd pricing, the results of which were termed inconclusive. The text authors, however, claim that the study “does provide some evidence that using odd prices makes economic sense” (page 506). Is this conclusion valid? Why or why not? More generally, are pricing strategies such as odd pricing, price discrimination, cost-plus pricing, and two-part tariffs valid, ethical economic strategies? Why or why not?
Evaluate the idea of a product or service from a company
Develop a clear picture of the skills, knowledge, experience, and personality attributes your leader needs in order to excel in your organization and culture. Refer to readings, podcasts, or other external research on this topic.
Prices are often set to satisfy demand or reflect the premium that consumers are willing to pay for a product or service. Some critics shudder, however, at the thought of $2 bottles of water, $150 running shoes, and $500 concert tickets. Is the right..
an office supply store open 5 days a week must determine the best inventory policy for boxes of copier paper. weekly
Describe FIVE ways in which emerging economies have benefited as a result of foreign direct investment in their countries by multinational enterprises.
What are the main advantages that quantitative techniques for forecasting have over qualitative techniques? What limitations do quantitative techniques have?
Motivational theory applications argue for recognizing individual differences. They also suggest paying attention to members of diverse groups. Is this a contradiction? Why or why not?
The weekly demand of a certain consumable item XYZ at NAS North Island follows Poisson distribution with a mean of 5. The demand at NAS Miramar follows the same distribution with the mean of 6. Assume that the inventory is monitored continuously and ..
Assume a midpoint of $32,000 per year and a 40% range spread. The individual is curretnly being paid at an 83% compa-ratio. The individual receives a 7% pay increase.
Bruce Woodworth’s company produces a product for which the annual demand is 10,000.Because it operates 20 days per year, demand is about 50 per day. Daily production is 200 units. Holding cost is $1 per unit per year; setup cost is $200. If you wish ..
The manufacturer offers the following purchasing options: Units Price 0-99 1,000 100-299 950 300-499 900 500-999 850 1000+ 800 a. Find the order quantity that minimizes total cost. b. Find the new total inventory cost (include safety stock). c. Fi..
What are the privacy and security issues of using CHINS-community health information network? How we can solve these issues. Provide articles.
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