Use a Modern Software Tool to Perform Statistical Calculations -Calculate the Revenue for the Clearance Sales Period

question 62

Multiple Choice

Use a modern software tool to perform statistical calculations.
Use the table below to answer the following question(s) .
Fiberia Accessories, a clothing retailer, is planning to introduce a new line of sweaters as part of the winter collection for $65 with an inventory of 1500. The main selling season is 60 days between November and December. The store then sells the remaining units in a clearance sale at 65 percent discount. Out of the 60 main retail days, Fiberia sells the sweaters at full retail price for only 45 days, while giving a discount of 25 percent for the remaining 15 days. The demand functions a, and b are given as 79.5 and 1.1 respectively. $\begin{array}{|l|l|}\hline\text { Marked Down Pricing Model for } \\\text { Fiberia Accessories's new sweater} \\\hline & \\\hline \text { Data } & \\\hline \text { Retail Price } & \\\hline \text { Inventory } & \$ 65 \\\hline \text { Selling Season (days) } & 1500 \\\hline \text { Days at Full Retail } & 60 \\\hline \text { Intermediate Markdown } & 45 \\\hline \text { Clearance Markdown } & 25 \text { percent } \\\hline \text { Demand Function } & 65 \text { percent } \\\hline \text { A } & \\\hline \text { B } & 79.5 \\\hline\end{array}$
-Calculate the revenue for the clearance sales period.

• A) $18,921.09
• B) $23,400
• C) $48,871.88
• D) $17,105.16

Identify the influence of peers and media on gender-typed behavior.

Understand the development of play styles and their relation to gender.

Recognize the stages of play development and different types of play interactions among children.

Understand the role of hormones in influencing behavior and traits.

---

Definitions:

Memory Reconstruction

The process by which memories are not simply replayed but actively reconstructed or rebuilt, often influenced by current knowledge, feelings, and perceptions.

Original Memory

The initial, untouched memory of an event or information before it is potentially altered by various factors.

Misinformation

False or inaccurate information that is spread, deliberately or unintentionally, which can influence people's perceptions and decisions.

Negative Emotions

Emotions that are typically associated with unpleasant feelings or experiences, such as sadness, anger, fear, and frustration.