The lower-priced caskets are positioned in the higher mark-on quartile in accordance with price progression. Caskets that cost less will be marked up more.
<h3>What is Pricing Method?</h3>
The pricing method are the ways in which the cost of goods and services can be determined after taking into account all the variables influencing the pricing strategy as a whole, including the product or service, the competition, the target market, the product's life cycle, the firm's expansion plans, etc.
A pricing strategy is a plan or technique for choosing the most competitive price for a good or service. It assists you in setting prices while taking customer and market demand into account in order to maximize profits and shareholder value.
With this price strategy, as the consumer's investment rises, so does the value to them as opposed to value progressive pricing. An approach to pricing in which the cost of the casket and the markup are inversely related.
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Almost two-thirds of people in labor force do not have a college degree
Explanations:
The formula for future value given
deposit amount, A = 2000
deposit interest, i = 8% annually = 8/4 = 2%, compounded quarterly
compounding period = quarterly
number of periods, n = 15 years = 4*15 = 60 periods (quarters)
The future value is given by:
FV = A*((1+i)^n-1)/i
= 2000*(1.02^60/0.02)
= $228103.08 (rounded to the nearest cent).
The difference in the answer choice is probably due to the teacher's calculator does not have sufficient accuracy.
Answer:
$ 8.33
Explanation:
Rate of dollars to yen
120 yen is to 1 dollars
1000 yen will be to 1000 yen × 1 dollars / 120 = $ 8.33
Answer:FALSE
Explanation: Lean manufacturing is a concept in manufacturing where the focus is to reduce wastes of different types, the process of lean manufacturing ensures that effecient manufacturing is done with the required optimal resources to reduce wastes. The concept of lean manufacturing has been applied in different companies such as Motorola, Toyota etc to help reduce all forms of wastes which includes waste of overproduction,waste of resources and waste in time management.
