Gross profit per square foot is utilized by a supermarket owner to assign space among merchandise assortments within a department. Larger amounts of space go to the product categories and brands with the highest profitability per square foot
This retailer determines space needs by _____.
a. the sales–productivity ratio
b. market segment product groupings
c. the model stock approach
d. the law of diminishing returns
a
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Being that we are interested in investments, we read the financial page of the newspaper
What will be an ideal response?
Golden Eagle Machine Works has the following demand requirements and other data for the upcoming four quarters
Quarter Demand Previous quarter's output 2500 units 1 2300 Beginning inventory 200 units 2 2400 Stockout (backorder) cost $50 per unit 3 2600 Inventory holding cost $10 per unit at end of quarter 4 2100 Hiring workers $4 per unit Laying off workers $8 per unit Unit cost $30 per unit What is the total cost of pursuing a chase aggregate plan over the coming year?