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Question 10 (1 point) You are considering a BOGO (buy one, get one) campaign on Thanksgiving...
Problem: A discount shoe store always runs a ‘buy one, get one free (limit one free pair per customer)’ campaign. A customer asked a clerk, if he would sell her one pair for half price. The clerk answered, “I’m sorry, I can’t do that.” but when customer decided to leave the store, the clerk hastily offered, “However, I think I can give you a 40% discount on any pair in the store.” Assuming the consumer has $200 to spend on...
While at a discount shoe store, a customer asked a clerk, “I see that your shoes are ‘buy one, get one free- limit one free pair per customer.’ Will you sell me one pair for half-price?” The clerk answered, “I can’t do that.” When the customer started to leave the store, the clerk hastily offered, “However, I am authorized to give you a 40 percent discount on any pair in the store.” Assuming the consumer has $200 to spend on...
Please Help A supermarket chain wants to know if its "buy one, get one free" campaign increases customer traffic enough to justify the cost of the program. For each of 5 stores it selects two days to run the test. For one of those days the program will be in effect. At 1% significance level, test the claim that the program increases traffic. Use t-distribution. For parts (a), (b), (c), round your answers to 2 decimal places. (a) ¯dd¯ =...
It is May 28 and you have just gotten a summer job that will pay you (net of taxes) $800 per month. You start June 1 and will work until school starts - halfway through August. Your scholarship pays for tuition, room and board. But you must buy books, pay for transportation to and from school, and pay for clothing, any extra meals, entertainment, and so on. You have gathered the following data: One round trip airline ticket is $260,...
4) SUMPRODUCT Question 16 (1 point) You own a motel with 115 rooms. Fixed daily cost for Mortgage is 1,054. Other fixed costs (including staff salaries, maintenance) amount to $771 per day. Variable cost per room is $11 per day (includes extra utility cost, room cleanup, etc). Customers pay $78 per room per day. A local company rented all the rooms of the hotel for 26 days for a workshop. What was the profit (or loss) of the hotel during...
1. (a). Define each of the four product markets with at least one example of each market. (b). Suppose you are a mid-level manager of a Corporation working in the Sales Department. What are the two most important aspects of the market you must keep track of? Explain fully. 2. Assume the following inverted demand function of a firm in the short run: P = 100 - 2Q. Obtain the MR function from this inverted demand curve. Now assume the...
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GENERAL You plan to open a pet services business that will offer dog grooming. day care and boarding COMPANY PROFILE TAB Determine a company name. Be creative fe.q. "Inspiring Dog Care" Pick a location feq. "Chicago" Define your company's vision and mission for how your business will add value to the community COST CLASSIFICATION Accurately classify all of your costs (direct material, direct labor, manufacturing overhead, period costs) Fixed...
Assume that you go to supermarket to buy apple and orange. Each apple costs 5 $, and each orange costs 7 $. One apple contains 4 grams of fiber and 2 grams of vitamin. One orange contains 1 gram of fiber and 1 gram of vitamin. Your doctor advised you to get at least 12 grams of fiber and 8 grams of vitamin for every day. You love oranges, so you want to eat at least 2 daily. Pretend you...
Question:
3. Compare the philanthropic activities of Soles 4 Souls
and TOMS Shoes. Describe the differences and similarities of the
two organizations. Which group appears to help more people, from a
philanthropic view? Explain your reasoning.
4. Is giving really the driving force behind TOMS shoes,
in your opinion? Explain.
5. How do you think TOMS’ model may change now that Bain
Capital is its partner?
3 TOMS Shoes: Helping Soles All Over the World In 2002, Blake Mycoskie and...
Question 1 0/1 pts You can currently buy 147 yen for one US dollar. For the foreseeable future, the US dollar will gain 6.5% in value against the yen per year. You are thinking of investing in a project in Japan. It has upfront costs of 27 million yen, and will pay 44 million yen one year from today, and 49 million yen two years from today. Your dollar cost of capital is 13.1. What is the NPV of this...