Your Goal Is to Sell Jogging Shoes to Those 65

question 69

Multiple Choice

Your goal is to sell jogging shoes to those 65 and other who live in Florida. Here is some information you have collected: (1) There are 3 million joggers 65 and older in the U.S. (2) 600,000 of them live in Florida. (3) Florida attracts 20% of all people who move when they retire. (4) You estimate that during your first year you will capture 2 percent of the Florida joggers who are age 65 or older. (5) You estimate that your sales will increase by 25% in year 2.
-Which of the following would be used to forecast your demand for year 1?

• A)3 million joggers who are 65 or older
• B)600,000 joggers who are 65 and older and live in Florida
• C)20% of those who retire move to Florida
• D)You estimate that your sales will increase by 25% in year 2.

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Definitions:

Serious Pollutant

Substances that cause pollution and can have significant harmful effects on the environment, human health, or both.

Accumulates

The process of gathering or increasing in quantity over time, often used in the context of data, wealth, or substances.

Excreted

The process of eliminating waste materials from the body or a biological system, crucial for maintaining homeostasis and health.

Material Flow Economy

A concept that emphasizes the importance of managing the flow of materials through the economy to minimize waste and resource depletion.