You are the marketing manager for a multi-state auto dealership in the midwest. it is that time of year when your fleet of autos goes through major model year changes. you are putting the final touches on your pricing strategy to facilitate getting your inventory of autos low enough to make room for the new models.
what is the practical problem involved in using your current sales and commission data to make pricing decisions? what pricing strategy solution would best address that problem?
1. problem: you have a clearer knowledge of the supply side of the pricing equation than you do of the demand side. solution: periodic discounting to keep pace with demand.
2. problem: you are committed to the idea of maximizing profits for last year's models. solution: increase the price of last year's models, emphasizing their future unavailability.
3. problem: your current sales and commission data are hard to quantify to formulate a pricing strategy. solution: when a potential customer appears interested, formulate an individualized price for that person.
4. problem: you are committed to the idea of maximizing profits for next year's models. solution: keep the prices of last year's model the same, so that the new model's prices look more desirable.
5. problem: your commissions add to the cost of the cars, decreasing their attractiveness as bargains. solution: eliminate your commissions to reduce inventory.

The beach dude (bd) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). this case describes bd's sales and collection process. each bd salesperson works with a specific group of customers throughout the year. in fact, they often surf with their customers to try out the latest surf gear. the bd salespeople act laid-back, but they work hard for their sales. each sale often involves hours of surfing with their customers while the customers sample all the latest surf wear. because bd makes the best surfing products, the customers look forward to the visits from the bd salespeople. and they often buy a lot of gear. each sale is identified by a unique invoice number and usually involves many different products. customers pay for each sale in full within 30 days, but they can combine payments for multiple sales. bd manages its clothing inventory by item (e.g., xl bd surfer logo t-shirts), identified by product number, but it also classifies the items by clothing line (the lines are differentiated by price points as well as the intended use of the clothing, e.g., surfing products, casual wear, . draw a uml class diagram that describes the beach dudes sales and collection process.b. using microsoft access, implement a relational database from your uml class diagram. identify at least three fields per table.c. describe how you would use the relational database to determine the beach dude’s accounts receivable.

If you would like to ask a question you will have to spend some points

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.