A product was priced assuming an 80% learning curve. How much extra labor (in %) will be required on the 4th product if the learning curve is actually 90%?
What will be an ideal response?
4^-.322 = .64 4^-.152 = .81
.81/.64 = 1.27 ? 27% more labor will be required
Business
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Which of the following is an example of a multichannel distribution system?
A) Walmart locating to several countries B) JC Penney's catalog and retail store sales C) Avon's door-to-door distribution D) Starbuck's location inside of book stores E) a hotel providing guest privileges at a health spa across the street
Business
The only stimulus that can be totally controlled by a retailer is a commercial cue
Indicate whether the statement is true or false
Business