Which of the Following Is NOT a Criterion Used in Forming

question 137

Multiple Choice

Which of the following is NOT a criterion used in forming market segments?

• A)difference of needs of buyers between segments
• B)similarity of needs of potential buyers within a segment
• C)cost of reaching the segment
• D)potential for increased profit and ROI

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Definitions:

Third Year

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Newsvendor Model

A mathematical model used to determine optimal inventory levels for perishable or fashion goods, where demand is uncertain, aiming to balance the costs of understocking and overstocking.

Calculate

To determine the value or amount of something through mathematical processes or equations.

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A mathematical relationship or rule expressed in symbols.