Use a Modern Software Tool to Perform Statistical Calculations -Calculate the Total Revenue During the Full Retail Sales Period

question 18

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 total revenue during the full retail sales period.

• A) $23,400
• B) $16,200
• C) $2,880
• D) $17,550

Understand the concept of cognitive appraisals in the context of stress and anxiety.

Grasp the stages of the general adaptation syndrome and their physiological implications.

Identify the correlation between negative life events and psychological distress, including causation theories.

Recognize the balance between demands and resources as a determiner of the stressfulness of situations.

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Definitions:

Intention of Deceiving

The deliberate act of misleading or tricking someone to gain an advantage or cause harm.

Libel

A written or published defamatory statement or representation that conveys an unjustly unfavorable impression; a form of defamation.

Outside Sales

Sales activities conducted away from the seller’s usual business premises, often involving direct interaction with clients or potential customers.

Independent Self-Starter

An individual who is motivated and able to initiate tasks and projects on their own without needing direct supervision.