Question
In: Advanced Math
Can someone explain it with detail explanation? Two clothing stores in a shopping center compete for...
Can someone explain it with detail explanation?
Two clothing stores in a shopping center compete for the weekend trade. On a clear day the larger store gets 60% of the business and on a rainy day the larger store gets 80% of the business. Either or both stores may hold a sidewalk sale on a given weekend, but the decision must be made a week in advance and in ignorance of the competitor’s plans. If both have a sidewalk sale, each gets 50% of the business. If, however, one holds the sale and the other doesn’t, the one conducting the sale gets 90% of the business on a clear day and 10% on a rainy day. It rains 40% of the time. How frequently should each retailer conduct sales?
Solutions
Colby Messinger answered 1 year agoRelated Solutions
A national chain of women’s clothing stores with locations in the large shopping malls thinks that...
A national chain of women’s clothing stores with locations in
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variables impact sales. It plans a small pilot study on stores in
25 different mall locations. The data it collects consist of
monthly sales, store size (sq. ft), number of linear feet of window
display, number of competitors located in mall, size of the mall
(sq. ft),and distance...
A national chain of women’s clothing stores with locations in the large shopping malls thinks that...
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the large shopping malls thinks that it can do a better job of
planning more renovations and expansions if it understands what
variables impact sales. It plans a small pilot study on stores in
25 different mall locations. The data it collects consist of
monthly sales, store size (sq. ft), number of linear feet of window
display, number of competitors located in mall, size of the mall
(sq. ft),and distance...
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i have made 3 line of items , this is one of the pruduct
line
line 1
-------------------------------------
<!DOCTYPE html>
<html lang="en">
<head>
<style>
.div1 {
border: 2px outset red;
background-color: lightblue;
text-align: center;
}
</style>
</head>
<!-- body -->
<body style="background-color:silver; "class="main-layout
position_head">
<!-- loader -->
</li>
</ul>
</section>
</nav>
</section>
</header>...
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