A person buys televisions at wholesale and then sells them at retail, each television buys it...
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Difference Between Wholesale and Retail Wholesale vs Retail The terms "wholesale" and "retail" themselves explain the difference. Wholesale" means "selling in large quantities" and "retail" means "selling in small quantities." In wholesale, the goods are mainly sold to the retailer who sells it to the customers. A wholesaler might also sell the products directly to th customers. One of the main differences between wholesale and retail is in the price...
5. A television company ships televisions from three warehouses to three retail stores on a monthly basis. Each warehouse has a fixed supply per month, and each store has a fixed demand per month. The manufacturer wants to know the number of television sets to ship from each warehouse to each store in order to minimize the total cost of transportation. Each warehouse has the following supply of televisions available for shipment per month: Warehouse Supply (member of sets) 1....
2. David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista Road. One of the difficult decisions is the amount of bananas to buy. Let us make some simplifying assumptions, and assume that David purchases bananas once a week at 20 cents per pound and retails them at 50 cents per pound during the week. Bananas that are more than a week old are too ripe to sell and David will pay workers to take...
David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista Road. One of the difficult decisions is the amount of bananas to buy. Let us make some simplifying assumptions, and assume that David purchases bananas once a week at 20 cents per pound and retails them at 50 cents per pound during the week. Bananas that are more than a week old are too ripe to sell and David will pay workers to take them...
2. David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista Road. One of the difficult decisions is the amount of bananas to buy. Let us make some simplifying assumptions, and assume that David purchases bananas once a week at 20 cents per pound and retails them at 50 cents per pound during the week. Bananas that are more than a week old are too ripe to sell and David will pay workers to take...
Dennis TV currently sells small televisions for $180. It has costs of $140. A competitor is bringing a new smal television to market Management believes it must lower the price to $150 to compete in the market for small televisions. Marketing believes that the respon s increase by 10%, even with a new competitor in the market. Dennis' sales are currently 100,000 televisions per yem Reference: 8-1 W hat is the target cost per unit if the company wants to...
Block Island TV currently sells large televisions for $360. It has costs of $290. A competitor is bringing a new large television to market that will sell for $310 Management believes it must lower the price to S310 to compete in the market for large televisions. Marketing believes that the new price w cause sales to increase by 10%, even with a new competitor in the market. Block Island TV sales are currently 110,000 televisions per year What is the...
CVP analysis, sensitivity analysis. Roughstyle Shirts Co. sells shirts wholesale to major retailers across Australia. Each shirt has a selling price of $40 with $26 in variable costs of goods sold. The company has fixed manufacturing costs of $1,600,000 and fixed marketing costs of $650,000. Sales commissions are paid to the wholesale sales reps at 10% of revenues. The company has an income tax rate of 30%. Required: How many shirts must Roughstyle sell in order to break even? How...
Block Island TV currently sells large televisions for $380. It has costs of $290. A competitor is bringing a new large television to market that will sell for $310. Management believes it must lower the price to $310 to compete in the market for large televisions. Marketing believes that the new price will cause sales to increase by 10%, even with a new competitor in the market. Block Island TV sales are currently 110,000 televisions per year. What is the...
Home Entertainment is a small, family-owned business that purchases LCD televisions from a reputable manufacturer and sells them at the retail level. The televisions sell, on average, for $2,040 each. The average cost of a television from the manufacturer is $1,060. Home Entertainment has always kept careful accounting records, and the costs that it incurs in a typical month are as follows: Costs Cost Formula Selling: Advertising $ 1,405 per month Delivery of televisions $ 48 per television sold...