How consumers decide Professor John Maule from the University of Leeds describes new research into the way that consumers choose a product. Understanding consumers Consumers are creatures of habit: they buy the same products time and time again‚ and such is their familiarity with big brands‚ and the colors and logos that represent them‚ that they can register a brand they like with barely any conscious thought process. The packaging of consumer products is therefore a crucial vehicle for
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Suggested answers of the tutorial questions EXERCISE 15.25 1 Safety stock: The lead time is one month‚ so the safety stock is equal to the difference between average monthly usage and the maximum usage in a month. Average monthly usage is 70 tonnes (840/12)‚ and the maximum usage is 80 tonnes. Therefore‚ the safety stock is 10 tonnes (80 – 70). 2 Reorder point: The reorder point is 80 tonnes. This is the maximum amount of the chemical that would be used in a month‚ and this is the
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In the learning module‚ "How a Member Decides to Vote" my experience as I participated in the activity was very enlightening. I heard for all kinds of people with different backgrounds‚ ages‚ genders‚ and viewpoints. The different viewpoints presented regarding the issue of the "flag amendment” were strongly for the bill and strongly against the bill. Not one person present were neutral in what they believed should happen in regards to the “flag amendment”. Those that were strongly for the bill
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Tutorial 5 Suggested answers of the tutorial questions EXERCISE 15.31 Customer response time 1 Date March April Days taken Action 10 LO’s order received by sales department 0 0 14 Order forwarded to manufacturing department 4 4 28 Fabric received from supplier 14 18 8 26 5 Manufacturing commenced 16 Manufacturing completed and order sent to warehouse 30 Order delivered to customer 11 14 Total customer response time 2 3 Cumulative days Order receipt time (days) Waiting
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This file of PSY 325 Week 5 Final Paper comprises: Domestic Violence: Factors Impacting Domestic Violence Research Study Critique Psychology - General Psychology Final Paper For your Final Paper you will conduct a research study critique. Utilize the instructor-approved topic that you selected in Week One of the course. Identify three to five quantitative research studies from peer-reviewed sources which were published within the last ten years that investigate this topic. Describe
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value of the population mean? What is the best estimate of this value? The value of population mean is unknown. The best estimate of this value is the sample mean of 60 pounds. b. Explain why we need to use the t distribution. What assumption do you need to make? According to Lind‚ et al. (2005)‚ when population standard deviation is unknown‚ and the sample is smaller than 30‚ a t distribution should be used. We need to assume that the sample is from a normal population (pp. 291-293). c. For
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Determine the coefficient of correlation and the coefficient of determination. Interpret the association between X and Y. X Y x^2 xy 5 13 25 65 3 15 9 45 6 7 36 42 3 12 9 36 4 13 16 52 4 11 16 44 6 9 36 54 8 5 64 40 39 85 211 378 r = (378) - (39)(85) / 8 = -36.375 √[211 - (39)^2 / 8] * √[983 - (85)^2 / 8] r= -.8908 r^2= .7935
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Study Guide This study guide prepares you for the Final Examination you complete in the last week of the course. It contains practice questions‚ which are related to each week’s objectives. Highlight the correct response‚ and then refer to the answer key at the end of this Study Guide to check your answers. Use each week’s questions as a self-test at the start of a new week to reflect on the previous week’s concepts. When you come across concepts that you are unfamiliar with‚ refer to the Student
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the least profitable divisions Interval – ranking scale of profitability among various divisions Ratio – ratio of profitability each year 2. Ch. 12 - 2 -- Assume you are Menu Foods and you planned a major research study just prior to the largest pet food recall in our history. You plan to proceed with the study and feel you must add one or more questions to measure the consumer’s confidence that your firm will be able to recover. Draft a scale for each of the following types that will measure
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having a dedicated line or session between two stations and thus‚ you are able to get the full message across without congestion or interruptions. An example of circuit switching hardware is PBX. In addition‚ with circuit switching‚ a path to the destination is already decided upon before the transmission starts and it only terminates once the session is complete and sends its message through. A disadvantage of circuit switching is that you are only able to use the line or transmit one session at a time
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