Xenon Corp. releases frequent updates to improve its expensive software products. This marketing approach used by the firm is most likely based on the production concept

Indicate whether the statement is true or false


FALSE

Business

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Manufacturers may prefer to sell their closeouts, canceled orders, and out-of-season merchandise to factory outlets rather than off-price chains because _____

a. off-price chains can generate high profit margins b. off-price chains have too much power c. factory outlets generate low short-term cash flow d. greater control results in less disturbance to traditional channels

Business

Explain how the solution procedure for the warehouse storage location problem uses a "bang-for-the-buck" approach

What will be an ideal response?

Business

A distribution of service times at a waiting line indicates that service takes 6 minutes 30 percent of the time, 7 minutes 40 percent of the time, 8 minutes 20 percent of the time, and 9 minutes 10 percent of the time

In preparing this distribution for Monte Carlo analysis, the service time of 8 minutes would be represented by what random number range? A) 20 through 40 B) 21 through 40 C) 70 through 90 D) 71 through 90 E) 01 through 20

Business

Grant and Hester enter into a con-tract for a sale of Hester's Pastoral Valley Orchard.This contract A) ?is prohibited

B) ?must be oral to be enforceable. C) ?must be in writing to be enforceable. D) ?must be oral and in writing to be enforceable.

Business