Descriptive analytics can be used to categorize customers into homogenous RFM segments based on their previous purchasing behavior
a. True
b. False
A
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In the introduction stage of a product's life-cycle, which of the following type of costs typically may create losses rather than profits?
a. advertising b. assembly c. design d. overhead
Bad Debt Expense is also called the Provision for Bad Debts and the Provision for Uncollectible Accounts
Indicate whether the statement is true or false
Diamond Plywood, Inc., manufactures four types of plywood panels. Each product must go through the following operations: patching, grading, gluing, and baking. The time in hours required for each operation for each panel, the total capacity available for each these operations in a given month, as well as the minimum production requirements and the profit contributions per panel are given in the following table. Based on this information, at the optimal production point what is the quantity of hardwood plywood panels that Diamond Plywood will produce?
a. 1,050
b. 840
c. 925
d. 150
Vysion produces TVs it sells nationwide. Vysion contracted with Karol's Appliances to make it the exclusive distributor of Vysion TVs in the San Diego area. Karol's received a promise that Vysion would not sell its TVs to any other retailer within 20 miles of Karol's. In its San Diego stores, Karol's has a unique pricing policy. A higher price is charged to customers wearing suits than to
customers not wearing suits. Karol's salespeople give non-suit-wearing customers 10% discounts off of the list price, and refuse any discounts to suit-wearing customers. Don's, a rival of Karol's, asked Vysion to allow it to sell its products in San Diego. Vysion refused, pointing to its contract with Karol's. Vysion's distribution policy differs in New York from what it is in California. In New York, Vysion allows every distributor who asks to sell Vysion TVs. However, Vysion requires that New York retailers sign contracts stating that they agree not to sell Vysion products below prices in a monthly "price list" sent by Vysion. In contracts with its distributors nationwide, Vysion insists that sales of its TVs be tied to sales of its VCRs. No consumer is allowed to purchase a Vysion TV without also buying a Vysion VCR. The agreement between Vysion and its New York retailers to charge customers according to a "price list" is: a. a resale price maintenance agreement b. a tax incentive agreement c. a tax shelter agreement d. a horizontal sales agreement e. a securities exchange agreement