Case discussion: “Will The Roxy Theater Maximize Profits by Eliminating its Student Discount?” Read the case “Will The Roxy Theater Maximize Profits by Eliminating Its Student Discount?” by B. Peter Pashigian. Based on the facts in the case‚ answer the following questions: (a) Does The Roxy have market power? (b) Can The Roxy price discriminate between students and the general public? (c) Suppose that The Roxy keeps its prices intact. What would be the demand for tickets?
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CHAPTER SEVENTEEN Discussion Questions 1. What is the bullwhip effect and how does it relate to lack of coordination in a supply chain? The bullwhip effect refers to the fluctuation in orders along the length of the supply chain as orders move from retailers to wholesalers to manufacturers to suppliers. The bullwhip effect relates directly to the lack of coordination (demand information flows) within the supply chain. Each supply chain member has a different idea of what
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Cash Discount on Sales Cash discount is the discount offered by seller for paying cash early. Cash discount is only offered on credit sales where the customers do not pay at the time of sale but promise to pay latter. There are two methods of accounting for sales that offer cash discounts; the gross method and the net method. These two methods are explained with the help of the following example: Example Suppose Company A sells certain goods at a price of $4‚400 with terms of payment
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Electronic Ticket Ground Floor‚ Sayasan Plaza‚ Corner of New University Ave. Rd and Sayasan Rd. BahanTownship‚ Yangon. Myanmar Flight Ticket PassEnger Name Passenger ID BIRTH DATE DATE OF ISSUE BOOKING REFERENCE TICKET NUMBER ISSUED BY : : : : : : : THET‚ ZAW MR M410047 24/07/2013 022B4G 509 2000256423 SHAN PYI THAR TRAVELS & TOURS Travel Itinerary Coupon No. ORIG/DEST 1 SINGAPORE-CHANGI-YANGON FLT NO. CLS Date ETD - ETA Y5 234 G 07/08/2013 15:35-17:05 B 13/08/2013 10:10-14:40 FARE BASIS
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Get Online On Nordstrom And The Tremendous Capabilities It Works With Accrue with store methods and assign to deals which seem to be perfection and access you want to contend with using Nordstrom Coupon Code. Settle through perfection and consent to acquire rate curtailments and access that might comply as online and store wants. Assign having store selection and consider rate cut means to attain online. Perfect with rate consideration to get regularized discount access and desires to buy having
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Wilson Lumber Company After a rapid growth in its business during recent years‚ the Wilson Lumber Company‚ in the spring of 2006‚ anticipated a further substantial increase in sales. Despite good profits‚ the company had experienced a shortage of cash and had found it necessary to increase its borrowing from the Suburban National Bank to $399‚000 in the spring of 1996. The maximum loan that Suburban National would make to any one borrower was $400‚000 and Wilson had been able to stay within
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To: Pelican Stores Management From: Michael Pitz Date: February 12‚ 2012 Subject: Pelican Stores Coupon Promotion Results Coupon Promotion Results I have prepared specific descriptive statistics regarding the results from the coupon promotion day. These descriptive statistics such as the relationship between net sales and descriptive statistics on net sales by various classifications of customers‚ as well as the descriptive statistics concerning the relationship between age and net sales can
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i. ii. What kind of liability are the clauses trying to exclude. Definition of Exclusion Clause An exclusion clause is a term in a contract that seeks to restrict the rights of the parties to the contract. One can almost expect that in every standard contract‚ exclusion clauses are intentionally included to exempt the party who drew up the standard contract from certain liabilities. The clauses trying to exclude that the coupon is valid for 14 days from 1st February until 14th February
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Kari Lutro Jesper Sehested Jensen Chris Reinecke-Wilkendorff Springfield Nor’Easters Ticket Pricing Plan When trying to determine the right price level for seats at the Nor’eastern minor league games‚ Buckingham should keep in mind that he is dealing with a very price sensitive audience. The average income in Springfield is very low‚ since the city manly consists of working class households. This fact is backed up by the survey that states that 94% of the respondents had a household income
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Asked for their reactions to specific demand-shifting tactics based on revenue management‚ patrons of a restaurant in Ithaca‚ New York‚ indicated that they generally would be willing to shift their dining time to off-peak hours in exchange for discounts on menu items. Better than three-quarters of the 367 respondents agreed that they would accept an incentive for dining at an off-peak time. Specific results and conclusions are detailed below. Keywords: revenue management; pricing strategies
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