Economies of scale are advantages that arise for a firm because of its larger size‚ or scale of operation. These advantages translate into lower unit costs (or improved (productive efficiency)‚ although some economies of scale are not so easy to quantify. The main kinds of Economies of Scale are: Bulk- Wholesale is selling goods in tremendous quantities at a low unit price to retail merchants. The wholesaler will accept a slightly lower sales price for each unit‚ if the retailer will agree to purchase
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Brand Perception & Decision Making Most imaging and document product segments are extremely competitive‚ with multiple brands competing for “share of mind” in the battle for overall market share. In many cases the competing products and services have very similar feature sets and price points that are available through comparable channels. Brand can often be the key discriminating factor in a customer’s decision to select one product over another. Brand is essentially the sum of all experiences
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Xenophon and a contemporary playwright - Aristophanes. It is possible that Plato embellished the legacy of Socrates by making him appear the most noble philosopher; an ideal to be cherished and followed. The extent of this embellishment is hard to quantify‚ but the life of Socrates remains a great inspiration to many. Socrates married Xanthippe and together they had three children. Tradition suggests that Xanthippe was argumentative and hard to please‚ with Socrates the model of philosophic calm.
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variance of $39‚600 and unfavorable total sale quantity variance of $126‚160. It means the marketing and sales personnel didn’t perform properly and caused the both unfavorable variance happened. There are two reasons. First‚ the sale mix variance quantifies the effects on contribution margin of selling the two products in a mix that differs from the original budget. As shown in the analysis above‚ RevGenr had a budgeted mix of 21% Golf Cart (4‚788/22‚800) and 79% Mobility vehicle (18‚012/22‚800). However
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competitiveness. By showing how to do better than competitors‚ benchmarking will ensure the basic sutvavil of your business * It identifies best practices in key business processes and determines what constitutes superior performance * It quantifies the gap between the expected performance process and the actual state * It provides specific and measurable short-term improvement plans based on current reality rather than historical performance. It can indeed be dangerous to set goals only
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Myasthenia Gravis is an autoimmune disease that targets the neuromuscular junctions causing leading problems for the muscular system. This disease is long term with no cure but doctors are able to regulate this disease with controlled medicine.This disease results from antibodies that block or destroy receptors at the junction between the nerve and muscle.In rare cases‚ children are born with this disease also known as congenital myasthenia syndrome.The most commonly affected muscles are in the face
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REGRESSION ANALYSIS Correlation only indicates the degree and direction of relationship between two variables. It does not‚ necessarily connote a cause-effect relationship. Even when there are grounds to believe the causal relationship exits‚ correlation does not tell us which variable is the cause and which‚ the effect. For example‚ the demand for a commodity and its price will generally be found to be correlated‚ but the question whether demand depends on price or vice-versa; will not be answered
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Six Sigma DMAIC Project Report Template Comments □ The following template provides guidelines for preparing a Six Sigma written certification project report. Subheadings and length of each section will obviously vary based on your findings and writing style. For a complete sample report using the template‚ see “Sample Project Report”. □ The information in your report should follow the Six-Sigma Problem Solving Methodology DMAIC. This includes a description of the project‚ key points
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Head in the Phone- Head in the Sand The advent of interconnectivity and the dawn of the mobile age within technology was a monumental step in the growth and evolution of humanity. It is easier today than ever to make contact with other humans‚ but does accessibility necessarily equal connection? Is the adolescent of today‚ who sends hundreds of messages per week‚ necessarily more emotionally connected to others than his elder counter parts? Mobile communications technology was invented to allow
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Qantas Case Study Qantas is an Australian icon. Australia’s national airline has enjoyed a long history as a profitable business‚ a respected brand name and has a deserved reputation for safe and reliable travel. For a small country of 22 million people‚ the Australian domestic airline industry is significant. The high level of urbanization of Australia’s population‚ the long distances between major urban centres‚ the lack of high speed trains and the importance of Australia’s tourism industry
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