Use the information in Scenario 9.11. If the firm decides to increase its cycle-service level to 90%, what is the new reorder point if all other parameters remain the same for this product?
A) greater than 550,000 units
B) greater than 400,000 units but less than or equal to 550,000 units
C) greater than 250,000 units but less than or equal to 400,000 units
D) greater than 150,000 units but less than or equal to 250,000 units
E) greater than 0 but less than or equal to 150,000 units
A
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Pepe Homes manufactures a range of bathroom accessories and fittings that include bathtubs, shower stalls, etc
While deciding on an effective advertising media vehicle for its planned advertising campaign, the marketing department decides that its advertising objectives would be best achieved if they used a medium that would portray their brand as prestigious and a symbol of luxury. To this effect, the medium should offer marketers a high degree of audience selectivity and high-quality reproduction. Which of the following advertising media would best serve the advertising purposes of Pepe Homes? A) outdoor media B) radio C) magazines D) television E) newspapers
Pure Carat Inc. is a company that sells 24-carat gold biscuits to companies that manufacture jewelry. Since the company operates in an industry where many other suppliers sell standardized products, it can most likely
A. maintain its absolute advantage for long time. B. only achieve competitive parity. C. easily achieve a temporary competitive advantage. D. easily achieve a sustainable competitive advantage.
Use the "percent of sales method" of preparing pro forma financial statements to determine the
projection for next year's inventory. Make the following assumptions: current year's sales are $27,800,000; current year's cost of goods sold is $17,528,000; sales are expected to rise by 30%. The firm's investment in inventory in the current year is $5,890,200. What is the projection for next year's inventory? A) $5,845,500 B) $7,657,260 C) $4,526,600 D) $6,981,250
Specialty discount stores are often called category killers because they dominate the competition in their narrow merchandise segment.
Answer the following statement true (T) or false (F)