The type of transaction most suitable for batch processing is
a. airline reservations
b. credit authorization
c. payroll processing
d. adjustments to perpetual inventory
C
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All for Fun is a retail store that offers a variety of board games, magic cards, and other collectible items and caters to teens and adults who enjoy strategy-based games. The store has over 12,000 magic cards and utilizes a sophisticated computer system to identify the value of each card. All for Fun determines the rarity of a given card and adjusts prices according to how much money customers are likely to pay for a particular card. Cards that are in limited production or considered "rare" are more expensive than cards that are widely available. Thus, the price for a single magic card might vary between $25 and $50 or more per card depending on the market. What type of pricing is All for Fun utilizing?
A. Demand-based pricing B. Markup pricing C. Cost-plus pricing D. Competition-based pricing
The roof of the house of quality displays conflicts between the voice of the customer and product characteristics and permits designers to rapidly identify trade-offs
Indicate whether the statement is true or false.
Chromatics is the use of:
A. symbols to communicate messages. B. sound to communicate messages. C. color to communicate messages. D. gestures to communicate messages.
Customers rely on ____ for product availability, breaking larger quantities into smaller ones, technical advice and service, financial assistance, and suitable assortments.
A. full-line retailers B. limited-service wholesalers C. full-service wholesalers D. commission merchants E. cash-and-carry wholesalers