Short grass incorporated is a distributor of golf balls. martin's golf supplies is a local retail outlet which sells golf balls. martin's purchases the golf balls from short grass incorporated at $0.75 per ball; the golf balls are shipped in cartons of 72. short grass incorporated pays all incoming freight, and martin's golf supplies does not inspect the balls due to short grass' reputation for high quality. annual demand is 155,520 golf balls at a rate of 2,991 balls per week. martin's golf supplies earns 12% on its cash investments. the purchase-order lead time is one week. the following cost data are available: relevant ordering costs per purchase order $125.00 carrying costs per carton per year: relevant insurance, materials handling, breakage, etc., per year $ 0.77 if martin's makes an order (1/12 of annual demand) once per month, what are the relevant total costs? a. $3,000.00 b. $652.50 c. $2,152.50 d. $1,500

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?

Read the overview below and complete the activities that follow.apartment complexes often look for ways to recruit new tenants and retain current tenants. although apartment complexes offer the tangible benefit of shelter to their tenants, many apartment complexes also offer additional services to tenants to encourage tenants to stay or to support the rent prices. the following scenario identifies the several service gaps of a company that runs an apartment complex as well as solutions for reducing these service gaps.concept review: customers have certain expectations about how a service should be delivered. a service gap occurs when the delivery of a service fails to meet customer expectations. there are four types of service gaps: knowledge gap, standards gap, delivery gap, and the communications gap. it is important for marketers to identify these gaps and develop strategies for minimizing them.match the example or solution to the appropriate service gap category.1. wait for repairs 5. train employees well2. understand expectations 6. incentives for tenants3. do not overpromise 7. family movie night4. empower employees 8. delayed lawn careservice gap example solutionknowledge gap standards gap delivery gap communication gap