Platinum Gym has 10,000 gym members out of which 1500 memberships included Unlimited Fitness Training and use of the tanning salon, and out of which 750 included Unlimited Hydromassage. If the Fitness Training is considered A, the use of the tanning salon is considered B, and the Hydromassage is considered C, then the associate rule for these sales becomes, "If A and B are purchased, then C is also purchased." Given total transactions for C are 3000. Calculate the lift for this rule.
What will be an ideal response?
1.67
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______ are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior. These beliefs may include the idea that employees should be promoted solely on the basis of merit, that no bribes will be paid to foreign officials to obtain business licenses, and that companies should offer extended maternity leave upon the employee's request.
A. Morals B. Norms C. Ethical advantages D. Values E. Fairness factors
What is meant by relevant circumstances? Describe the two types of relevant circumstances.
What will be an ideal response?
Which of the following statements regarding the production order quantity model is TRUE?
A) It applies only to items produced in the firm's own production departments. B) It relaxes the assumption that all the order quantity is received at one time. C) It relaxes the assumption that the demand rate is constant. D) It minimizes the total production costs. E) It minimizes inventory.
The meaning a consumer attributes to a product or brand and what he or she experiences in purchasing it is known as
A. product symbolism. B. product utility. C. product quality. D. functional utility. E. brand extension.