Promo and sales - Study guides, Class notes & Summaries

Comp XM Exam Questions and Answers 100% Pass Pfmn - Answer- new performance coordinate on the perceptual map; performance indicates how well your product performs (speed, sensitivity, etc.); the long term trend is towards higher performance; enter the performance specification you want your product to have when the project finishes; for existing products, the farther the move, the longer the time and the higher the cost; for new products, project length depends upon proximity to your exist...

APICS CPIM Exam 1 review update 2023/2024 ABC classification - Process of classifying items in descending order based on annual dollar volume or some other criteria. The list is then split into 3 classes - A, B, and C. A represents 10-20% of items but 50-70% of dollar volume; B represents 20% of items and 20% of dollar volume; C represents 60-70% of items but 10-30% of dollar volume. This principle states that effort and money can be saved by applying looser controls to the low dollar volume ...

What customer segment(s) does your company sell your product to? - ANSWER Low tech and high tech Two expectations customers have that are part of the Customer Buying Criteria - ANSWER Positioning and price Two of the scoring methods you are measured on in the simulation - ANSWER Sales and contribution margin What decisions are made in the R&D department? - ANSWER Performance, size, and reliability What does promo budget determine? - ANSWER Customer Awareness, and your Sales Budget de...

ABC classification - ANS Process of classifying items in descending order based on annual dollar volume or some other criteria. The list is then split into 3 classes - A, B, and C. A represents 10-20% of items but 50-70% of dollar volume; B represents 20% of items and 20% of dollar volume; C represents 60-70% of items but 10-30% of dollar volume. This principle states that effort and money can be saved by applying looser controls to the low dollar volume items (C class) than the higher do...

R&D includes what areas: 1. to reposition a product perceptual map chart - shows how we track evolving customer demands in the industry - each solid circle represents a market segment of customers with similar preferences - customers expect your products to be positioned within these solid circles - every year the market segments are drifting down and to the right across the perceptual map as customer demands evolve - changing performance/size will reposition the product R&D ...

Comp XM Questions And Answers Latest Update Graded A+ High Tech R&D Update every round TQM 1 million each category Automation Buy as high as possible for Low Tech High Tech under 4.0 automation promo and sales invest 2000 each round, never go lower than 1400 Human Resources 5,000 in spending 80 hours of training Performance and Size Always have 19.7 Low tech: Size-Down .5% Performance- Up .5% High Tech: Size down .7% Performance up .7% Long Term debt Use...

APICS/CPIM EXAM 1 COMPLETE QUESTIONS WITH CORRECT ANSWERS. ABC classification -Answer-Process of classifying items in descending order based on annual dollar volume or some other criteria. The list is then split into 3 classes - A, B, and C. A represents 10-20% of items but 50-70% of dollar volume; B represents 20% of items and 20% of dollar volume; C represents 60-70% of items but 10-30% of dollar volume. This principle states that effort and money can be saved by applying looser controls...

Capsim Simulation Review Final Exam with 100% correct answers To invent a new product, which simulation inputs must be provided? - answerName, Size, Performance, MTBF Buyer's Market - answerThe best time for consumers to buy; characterized by large supply, small demand, and low prices. Seller's Market - answerThe best time for producers to sell; characterized by large demand, small supply, and high prices Which inputs to the simulation affect the December Customer Survey score for a pr...

Capsim Simulation Review Final Exam Latest Update 2024!! To invent a new product, which simulation inputs must be provided? - ANSWER Name, Size, Performance, MTBF Buyer's Market - ANSWER The best time for consumers to buy; characterized by large supply, small demand, and low prices. Seller's Market - ANSWER The best time for producers to sell; characterized by large demand, small supply, and high prices Which inputs to the simulation affect the December Customer Survey score for ...

Capsim Simulation Review Final Exam Already Passed To invent a new product, which simulation inputs must be provided? Name, Size, Performance, MTBF Buyer's Market The best time for consumers to buy; characterized by large supply, small demand, and low prices. Seller's Market The best time for producers to sell; characterized by large demand, small supply, and high prices Which inputs to the simulation affect the December Customer Survey score for a product? Price, performance, size, MTBF, p...