............... model is designed to bring prices down by increasing the number of customers who buy a particular product at once. (A) Economic Order Quantity (B) Inventory (C) Data Mining (D) Demand-Sensitive Pricing

............... model is designed to bring prices down by increasing the number of customers who buy a particular product at once. (A) Economic Order Quantity (B) Inventory (C) Data Mining (D) Demand-Sensitive Pricing
by

1 Answer

Answer :

(D) Demand-Sensitive Pricing
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Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's of: A)price leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.

Description : Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's of: ... leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.

Last Answer : B)smoothing demand fluctuations.

15) Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's of: A)price leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.

Description : 15) Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's ... leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.

Last Answer : B)smoothing demand fluctuations.

By buying in large quantities and delivering to customers in smaller lots, a wholesaler may perform all of the following physical distributi9on activities except 1. inventory planning 2. transportation 3. materials handling 4. unit pricing 5. communication

Description : By buying in large quantities and delivering to customers in smaller lots, a wholesaler may perform all of the following physical distributi9on activities except 1. inventory planning 2. transportation 3. materials handling 4. unit pricing 5. communication

Last Answer : unit pricing

By buying in large quantities and delivering to customers in smaller lots, a wholesaler may perform all of the following physical distribution activities except A)inventory planning. B)transportation. C)materials handling. D)unit pricing. E)communication.

Description : By buying in large quantities and delivering to customers in smaller lots, a wholesaler may perform all of the following physical distribution activities except A)inventory planning. B)transportation. C)materials handling. D)unit pricing. E)communication.

Last Answer : D)unit pricing.

What advantage is there for an enterprise to adopt a virtual private cloud model? A. Reduce costs by adopting a flexible pricing model for the entire operation. B. Reduce infrastructure costs since all data centers will be managed in a third party cloud. C. Manage sensitive data in a compliant and secure manner and benefit from flexible pricing models for select services or infrastructure. D. Obtain maximum control over aspects such as security and performance since the entire infrastructure will be managed within the IT department.

Description : What advantage is there for an enterprise to adopt a virtual private cloud model? A. Reduce costs by adopting a flexible pricing model for the entire operation. B. Reduce infrastructure ... such as security and performance since the entire infrastructure will be managed within the IT department.

Last Answer : Manage sensitive data in a compliant and secure manner and benefit from flexible pricing models for select services or infrastructure.

Aggressive alte Aggressive alternatives for coping with demand requ rnatives for coping with demand requirements includ irements include: a)Anticipation inventory b)Creative pricing c)Employee hiring and layoffs d)Use of subcontractors

Description : Aggressive alte Aggressive alternatives for coping with demand requ rnatives for coping with demand requirements includ irements include: a)Anticipation inventory b)Creative pricing c)Employee hiring and layoffs d)Use of subcontractors

Last Answer : c)Employee hiring and layoffs

In inventory control theory, the economic order quantity (EOQ) is the (A) Lot size corresponding to break even analysis (B) Average level of inventory (C) Optimum lot size (D) None of these

Description : In inventory control theory, the economic order quantity (EOQ) is the (A) Lot size corresponding to break even analysis (B) Average level of inventory (C) Optimum lot size (D) None of these

Last Answer : (C) Optimum lot size

Economic order quantity is that quantity at which cost of holding and carrying inventory is: (a) Maximum and equal (b) Minimum and equal(c) It can be maximum or minimum depending upon case to case. (d) Minimum and unequal

Description : Economic order quantity is that quantity at which cost of holding and carrying inventory is: (a) Maximum and equal (b) Minimum and equal (c) It can be maximum or minimum depending upon case to case. (d) Minimum and unequal

Last Answer : (b) Minimum and equal

A manufacturer has decided to improve its inventory management by maintaining low inventory levels and waiting to purchase materials until right before they are needed in production. This inventory management technique is called A)just -in -time (JIT). B)inventory minimisation. C)economic order quantity.D)reorder point maximisation.

Description : A manufacturer has decided to improve its inventory management by maintaining low inventory levels and waiting to purchase materials until right before they are needed in production. This inventory ... time (JIT). B)inventory minimisation. C)economic order quantity.D)reorder point maximisation.

Last Answer : D)reorder point maximisation.

In inventory control theory, the economic order quantity is :

Description : In inventory control theory, the economic order quantity is : (A) average level of inventory (B) optimum lot size (C) capacity of a warehouse (D) lost size corresponding to break-even analysis

Last Answer : In inventory control theory, the economic order quantity is : optimum lot size 

In Capstone©, pricing standards are set by: a. Customers (Market Segment). b. Competitors. c. You, The Company. d. a range of the prices from all Teams. e. Random Selection.

Description : In Capstone©, pricing standards are set by: a. Customers (Market Segment). b. Competitors. c. You, The Company. d. a range of the prices from all Teams. e. Random Selection.

Last Answer : a. Customers (Market Segment).

Competitors prices and the marketing mix variables that competitors emphasise partly determine: A)the selection of a pricing policy. B)the timing of the introduction of new products. C)whether to use a pioneer or psychological pricing policy. D)how important price will be to customers.

Description : Competitors prices and the marketing mix variables that competitors emphasise partly determine: A)the selection of a pricing policy. B)the timing of the introduction of new products. C)whether to use a pioneer or psychological pricing policy. D)how important price will be to customers.

Last Answer : D)how important price will be to customers.

Which of the following sets represent five stages defined by Capability Maturity Model (CMM) in increasing order of maturity? (A) Initial, Defined, Repeatable, Managed, Optimized. (B) Initial, Repeatable, Defined, Managed, Optimized. (C) Initial, Defined, Managed, Repeatable, Optimized. (D) Initial, Repeatable, Managed, Defined, Optimized.

Description : Which of the following sets represent five stages defined by Capability Maturity Model (CMM) in increasing order of maturity? (A) Initial, Defined, Repeatable, Managed, Optimized. (B) Initial, ... Initial, Defined, Managed, Repeatable, Optimized. (D) Initial, Repeatable, Managed, Defined, Optimized.

Last Answer : (B) Initial, Repeatable, Defined, Managed, Optimized.

Competition -oriented pricing is: A)used when costs and revenues are considered secondary to competitors' prices. B)not useful as a method of increasing or maintaining market share. C)of little use if the competing products are homogenous. D)most often used when competing products are heterogeneous.

Description : Competition-oriented pricing is: A)used when costs and revenues are considered secondary to competitors' prices. B)not useful as a method of increasing or maintaining market share. C)of little use if the competing products are homogenous. D)most often used when competing products are heterogeneous.

Last Answer : A)used when costs and revenues are considered secondary to competitors' prices.

In a relational database model, NULL values can be used for all but which one of the following? (A) To allow duplicate tuples in the table by filling the primary key column(s) with NULL. (B) To avoid confusion with actual legitimate data values like 0 (zero) for integer columns and ‘’ (the empty string) for string columns. (C) To leave columns in a tuple marked as “unknown” when the actual value is unknown. (D) To fill a column in a tuple when that column does not really “exist” for that particular tuple.

Description : In a relational database model, NULL values can be used for all but which one of the following? (A) To allow duplicate tuples in the table by filling the primary key column(s) with NULL. (B) To ... D) To fill a column in a tuple when that column does not really exist for that particular tuple.

Last Answer : (A) To allow duplicate tuples in the table by filling the primary key column(s) with NULL.

Delta Airlines prices its tickets so that it is less expensive to travel on weekends than during the week when there is heavy business travel. This illustrates ________ pricing. A)seasonal B)demand -oriented C)competitive D)markup

Description : Delta Airlines prices its tickets so that it is less expensive to travel on weekends than during the week when there is heavy business travel. This illustrates ________ pricing. A)seasonal B)demand-oriented C)competitive D)markup

Last Answer : B)demand-oriented

When establishing prices, a marketer's first step is to A)determine demand. B)develop pricing objectives. C)select a pricing policy. D)evaluate competitors' prices. E)determine a pricing method.

Description : When establishing prices, a marketer's first step is to A)determine demand. B)develop pricing objectives. C)select a pricing policy. D)evaluate competitors' prices. E)determine a pricing method.

Last Answer : B)develop pricing objectives.

The strategy of applying different price vleves for different customers or situation is known as ______. a) Dynamic pricing b) Online bidding c) Direct marketing d) Agent e-business model

Description : The strategy of applying different price vleves for different customers or situation is known as ______. a) Dynamic pricing b) Online bidding c) Direct marketing d) Agent e-business model

Last Answer : a) Dynamic pricing

The task of correcting and pre processing data is called as (A) Data streaming (B) Data cleaning (C) Data mining (D) Data storming

Description : The task of correcting and pre processing data is called as (A) Data streaming (B) Data cleaning (C) Data mining (D) Data storming

Last Answer : (B) Data cleaning

Repository of information gathered from multiple sources, storing under unified scheme at a single site is called as (A) Data mining (B) Meta data (C) Data warehousing (D) Database

Description : Repository of information gathered from multiple sources, storing under unified scheme at a single site is called as (A) Data mining (B) Meta data (C) Data warehousing (D) Database

Last Answer : (C) Data warehousing

Given the following statements: (a) Strategic value of data mining is time stamping (b) Information collection is an expensive process in building an expert system. Which of the following options is correct ? (A) Both (a) and (b) are false (B) Both (a) and (b) are true (C) (a) is true, (b) is false (D) (a) is false, (b) is true

Description : Given the following statements: (a) Strategic value of data mining is time stamping (b) Information collection is an expensive process in building an expert system. Which of the following options is correct ? (A) Both (a) and (b) ... true (C) (a) is true, (b) is false (D) (a) is false, (b) is true

Last Answer :  (B) Both (a) and (b) are true

Consider the following two statements: (a) Business intelligence and Data warehousing is used for forecasting and Data mining. (b) Business intelligence and Data warehousing is used for analysis of large volumes of sales data. Which one of the following options is correct? (A) (a) is true, (b) is false (B) Both (a) and (b) are true (C) (a) is false, (b) is true (D) Both (a) and (b) are false

Description : Consider the following two statements: (a) Business intelligence and Data warehousing is used for forecasting and Data mining. (b) Business intelligence and Data warehousing is used for analysis of large volumes of sales data. Which one ... C) (a) is false, (b) is true (D) Both (a) and (b) are false

Last Answer : (B) Both (a) and (b) are true

In Data mining, .............. is a method of incremental conceptual clustering. (A) STRING (B) COBWEB (C) CORBA (D) OLAD

Description : In Data mining, .............. is a method of incremental conceptual clustering. (A) STRING (B) COBWEB (C) CORBA (D) OLAD

Last Answer : (B) COBWEB

In Data mining, classification rules are extracted from .............. (A) Data (B) Information (C) Decision Tree (D) Database

Description : In Data mining, classification rules are extracted from .............. (A) Data (B) Information (C) Decision Tree (D) Database

Last Answer : (C) Decision Tree 

................. is subject oriented, integrated, time variant, non-volatile collection of data in support of management decisions. (A) Data mining (B) Web mining (C) Data warehouse (D) Database Management System

Description : ................. is subject oriented, integrated, time variant, non-volatile collection of data in support of management decisions. (A) Data mining (B) Web mining (C) Data warehouse (D) Database Management System

Last Answer : (C) Data warehouse

A penetration -pricing policy is particularly appropriate when demand is: A)increasing. B)highly elastic. C)highly inelastic. D)decreasing.

Description : A penetration-pricing policy is particularly appropriate when demand is: A)increasing. B)highly elastic. C)highly inelastic. D)decreasing.

Last Answer : B)highly elastic.

If the demand for an item is trebled and the order cost is reduced to one third, then the economic order quantity (A) Is trebled (B) Remains unchanged (C) Decreases by a factor of 3 (D) Decreases by a factor of 1/3

Description : If the demand for an item is trebled and the order cost is reduced to one third, then the economic order quantity (A) Is trebled (B) Remains unchanged (C) Decreases by a factor of 3 (D) Decreases by a factor of 1/3

Last Answer : (B) Remains unchanged

Customer Awareness Reports: a. each company’s level of accessibility. b. percentage of Customers who bought the product. c. percentage of Customers who knew about the product. d. percentage of Customers who are in that segment. e. each company’s success in pricing.

Description : Customer Awareness Reports: a. each company’s level of accessibility. b. percentage of Customers who bought the product. c. percentage of Customers who knew about the product. d. percentage of Customers who are in that segment. e. each company’s success in pricing.

Last Answer : c. percentage of Customers who knew about the product.

__________ techniques can be used to learn more about current and potential customers. a. Strategic partnerships b. Customer loyalty c. Data mining d. Efficient customer response (ECR)

Description : __________ techniques can be used to learn more about current and potential customers. a. Strategic partnerships b. Customer loyalty c. Data mining d. Efficient customer response (ECR)

Last Answer : b. Customer loyalty

Identify which technique will not help a company to optimise its working capital cycle. A. Offering discounts for early payment by debtors B. Using cash management models to optimise the level of cash held C. Taking full advantage of credit offered by trade suppliers D. Applying the economic order quantity model to stock management E. Adopting the use of just-in-time stock management

Description : Identify which technique will not help a company to optimise its working capital cycle. A. Offering discounts for early payment by debtors B. Using cash management models to optimise the level of ... order quantity model to stock management E. Adopting the use of just-in-time stock management

Last Answer : B. Using cash management models to optimise the level of cash held

If marketers in an organisation set prices to recover research and development expenses and establish a premium quality image for its product, they have in mind which type of pricing objective? A)Survival B)Return on investment C)Market share D)Product quality E)Cash flow

Description : If marketers in an organisation set prices to recover research and development expenses and establish a premium quality image for its product, they have in mind which type of pricing objective? A)Survival B)Return on investment C)Market share D)Product quality E)Cash flow

Last Answer : D)Product quality

Which of the following pricing objectives sets prices to recover cash as quickly as possible? A)Market share B)Profit C)Cash flow D)Return on investment E)Product quality

Description : Which of the following pricing objectives sets prices to recover cash as quickly as possible? A)Market share B)Profit C)Cash flow D)Return on investment E)Product quality

Last Answer : C)Cash flow

How do I develop a system where my customers send all the order quantity and type through sms and I receive thier data real-time on my SAP or any portal ?

Description : How do I develop a system where my customers send all the order quantity and type through sms and I receive thier data real-time on my SAP or any portal ?

Last Answer : Slowly and carefully. 1) you need an SMS provider 2) you need a processor that will accept the incoming messages and parse them 3) you need to send these to your order processing software But there ... to depend on the software you are using, yur SMS provider, and how good your programmers are.

Most pricing objectives based on ---- are achieved by trial and error because not all the cost and revenue data are available when prices are set. A)market share B)cash flow C)return on investment D)survival E)profit

Description : Most pricing objectives based on ---- are achieved by trial and error because not all the cost and revenue data are available when prices are set. A)market share B)cash flow C)return on investment D)survival E)profit

Last Answer : C)return on investment

At a given time and in a given marketplace, the entire market demand curve indicates the (a) quantity of a good consumers would be willing and able to purchase at a given price. (b) quantity of a good consumers would be able to purchase at a series of prices. (c) quantity of a good consumers want to purchase at a given price (d) quantity of a good consumers have purchased at a series of prices over the year.

Description : At a given time and in a given marketplace, the entire market demand curve indicates the (a) quantity of a good consumers would be willing and able to purchase at a given price. (b) quantity of a ... a given price (d) quantity of a good consumers have purchased at a series of prices over the year.

Last Answer : (b) quantity of a good consumers would be able to purchase at a series of prices. 

I am a photographer, looking to make a directory for a church. Can you give me info about how to order spiral books once I have photos & printed info. Would need pricing, process, etc.?

Description : I am a photographer, looking to make a directory for a church. Can you give me info about how to order spiral books once I have photos & printed info. Would need pricing, process, etc.?

Last Answer : You likely have a number of services in your area that can perform this service for you, from a standard Kinkos, to an office supply store, to a regular printer. If you are willing to do some of the work you ... at a print shop, you'll have paid just as much as you'd pay for a machine and supplies.

What is the name given to the graph that shows all the combinations of two commodities that a consumer can afford at the given market prices and within the particular income level in economic terms?

Description : What is the name given to the graph that shows all the combinations of two commodities that a consumer can afford at the given market prices and within the particular income level in economic terms?

Last Answer : Budget line

Following a hurricane, a tremendous demand for gas-powered generators occurs. Gotts Hardware holds a large stock of these items and it faces major ethical decisions with regard to the ------ issue. A) product B) advertising C) personal selling D) publicity E) pricing

Description : Following a hurricane, a tremendous demand for gas-powered generators occurs. Gotts Hardware holds a large stock of these items and it faces major ethical decisions with regard to the ------ issue. A) product B) advertising C) personal selling D) publicity E) pricing

Last Answer : E) pricing

What type of pricing policy is used in a situation in which the demand for a product is price inelastic and the seller has an ethical responsibility not to overcharge the client? A)price lining B)prestige pricing C)professional pricing D)customary pricing E)ethical pricing

Description : What type of pricing policy is used in a situation in which the demand for a product is price inelastic and the seller has an ethical responsibility not to overcharge the client? A)price lining B)prestige pricing C)professional pricing D)customary pricing E)ethical pricing

Last Answer : C)professional pricing

Change in consumers tastes and preference causes – of the particular goods (a) Change in quantity demanded ; (b) Shift in demand curve ; (c) Change in price ; (d) No effect on quantity demanded

Description : Change in consumers tastes and preference causes – of the particular goods (a) Change in quantity demanded ; (b) Shift in demand curve ; (c) Change in price ; (d) No effect on quantity demanded

Last Answer : (b) Shift in demand curve ;

What do you mean by demand of a commodity? a) A desire for the commodity b) Need for the commodity c) Quantity demanded of that commodity d) Quantity of the commodity demanded at a certain price during any particular period of time

Description : What do you mean by demand of a commodity? a) A desire for the commodity b) Need for the commodity c) Quantity demanded of that commodity d) Quantity of the commodity demanded at a certain price during any particular period of time

Last Answer : Answer- d

Let A and B be sets in a finite universal set U. Given the following: |A – B|, |AÅB|, |A|+|B| and |AÈB| Which of the following is in order of increasing size ? (A) |A – B| ≤ |AÅB| ≤ |A| + |B| ≤ |AÈB| (B) |AÅB| ≤ |A – B| ≤ |AÈB| ≤ |A| + |B| (C) |AÅB| ≤ |A| + |B| ≤ |A – B| ≤ |AÈB| (D) |A – B| ≤ |AÅB| ≤ |AÈB| ≤ |A| + |B|

Description : Let A and B be sets in a finite universal set U. Given the following: |A - B|, |AÅB|, |A|+|B| and |AÈB| Which of the following is in order of increasing size ? (A) |A - B| ≤ |AÅB| ≤ |A| + |B| ≤ |AÈB| (B) |AÅB| ≤ |A ... |AÅB| ≤ |A| + |B| ≤ |A - B| ≤ |AÈB| (D) |A - B| ≤ |AÅB| ≤ |AÈB| ≤ |A| + |B|

Last Answer : (D) |A – B| ≤ |AÅB| ≤ |AÈB| ≤ |A| + |B|

Greg is a physical distribution manager. He is currently developing and maintaining assortments of products that are adequate for customer demand. In which stage in the physical distribution system is Greg currently involved? A)Order processing B)Materials handling C)Inventory management D)Transportation E)Warehousing

Description : Greg is a physical distribution manager. He is currently developing and maintaining assortments of products that are adequate for customer demand. In which stage in the physical distribution ... involved? A)Order processing B)Materials handling C)Inventory management D)Transportation E)Warehousing

Last Answer : C)Inventory management

This process management initiative increases the effectiveness of the Sales Budget and therefore demand. a. Benchmarking b. Vendor/Just-in-Time Inventory (JIT) c. Continuous Product Improvement systems (CPI) d. Channel Support systems e. Quality Initiative Training (QIT)

Description : This process management initiative increases the effectiveness of the Sales Budget and therefore demand. a. Benchmarking b. Vendor/Just-in-Time Inventory (JIT) c. Continuous Product Improvement systems (CPI) d. Channel Support systems e. Quality Initiative Training (QIT)

Last Answer : d. Channel Support systems

The advantage of following the IEEE Standard for drawing up aProject Management Plan (SPMP) – see IEEE Standard 1059.1 1987 – is a) It is drawn up by representatives from major development organisations b) It is designed for all types of products c) It is a framework that can be used irrespective of process model or specific techniques d) It can be tailored for each organisation for a particular applicationarea, development team or technique. e) All of the above.

Description : The advantage of following the IEEE Standard for drawing up a Project Management Plan (SPMP) - see IEEE Standard 1059.1 1987 - is a) It is drawn up by representatives from major  ... each organisation for a  particular applicationarea, development team or  technique. e) All of the above.

Last Answer : e) All of the above.

Which of the following provides the best description of an entity type? (A) A specific concrete object with a defined set of processes (e.g. Jatin with diabetes) (B) A value given to a particular attribute (e.g. height-230 cm) (C) A thing that we wish to collect data about zero or more, possibly real world examples of it may exist. (D) A template for a group of things with the same set of characteristics that may exist in the real world

Description : Which of the following provides the best description of an entity type? (A) A specific concrete object with a defined set of processes (e.g. Jatin with diabetes) (B) A value given to a ... template for a group of things with the same set of characteristics that may exist in the real world

Last Answer : Answer: D

Which of the following statements is incorrect for Parallel Virtual Machine (PVM)? (A) The PVM Communication model provides asynchronous blocking send, asynchronous blocking receive and non-blocking receive function. (B) Message buffers are allocated dynamically. (C) The PVM communication model assumes that any task can send a message to any other PVM task and that there is no limit to the size or number of such messages. (D) In PVM Model, the message order is not preserved.

Description : Which of the following statements is incorrect for Parallel Virtual Machine (PVM)? (A) The PVM Communication model provides asynchronous blocking send, asynchronous blocking receive and non-blocking receive function. ... of such messages. (D) In PVM Model, the message order is not preserved. 

Last Answer : (D) In PVM Model, the message order is not preserved.

The transport The transportation method may be used to determine ation method may be used to determine the costs of the costs of alternati alternative strategies for ve strategies for anticipation inventory when which of the following data are available? a)work-force capacity per planning period b)Aggregate demand per planning period c)Beginning inventory d)All of the above

Description : The transport The transportation method may be used to determine ation method may be used to determine the costs of the costs of alternati alternative strategies for ve strategies for anticipation ... planning period b)Aggregate demand per planning period c)Beginning inventory d)All of the above

Last Answer : d)All of the above

What intelligence product category involves the integration of time-sensitive all source intelligence and information into concise objective reporting on the current situation in a particular area?

Description : What intelligence product category involves the integration of time-sensitive all source intelligence and information into concise objective reporting on the current situation in a particular area?

Last Answer : Feel Free to Answer