Generally, initial investment requirements are less in direct marketing as compared to traditional store-based retailing
Indicate whether the statement is true or false
True
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The setup cost to make carpets is $20 per setup. The holding cost is $1.75 per yard per year, and the annual demand is 12,000 yards of carpet per year. The manufacturing facility operates 300 days, and 120 yards of the carpet are produced per day. In this example, ______.
a. the daily demand rate is 12,000/365 b. the daily demand rate is 12,000/300 c. the daily production rate is 12,000/300 d. the daily production rate is 12,000/300
How many Jack-in-the-Box customers were affected by the E-Coli poisonings?
a. 100 b. 150 c. 300 d. 600
Max Company manufactures and sells three products: Good, Better, and Best. Annual fixed costs are $3,315,000, and data about the three products follow.?GoodBetterBestSales mix in units30%50%20%Selling price$250$350$500Variable cost100150250Required: A. Determine the weighted-average unit contribution margin.B. Determine the break-even volume in units for each product.C. Determine the total number of units that must be sold to obtain a profit for the company of $234,000.D. Assume that the sales mix for Good, Better, and Best is changed to 50%, 30%, and 20%, respectively. Will the number of units required to break-even increase or decrease? Explain. Hint: Detailed calculations are not needed to obtain the proper solution.
What will be an ideal response?
The process of evaluating the vendor proposals includes all of the following except:
A. determine to which vendors the RFPs will be sent B. validate vendor proposals C. consider other data and criteria D. suggest resources