Use the Following to Answer Questions

question 53

Multiple Choice

Use the following to answer questions
Cheetos Fat-Free Crunchies is a product developed through advanced technology.Cheetos engineered a technique for making reduced-fat snacks that taste cheesier and stay fresh longer.Cheetos introduced Fat-Free Crunchies in limited markets in 2008 and began national distribution in 2009.
About 18 months later, a series of competitors' ads was run to counter claims that Cheetos Crunchies actually contained 1.5 grams of fat, and that they contained preservatives and additives.Research showed that the taste of Cheetos Crunchies was also perceived negatively by some people.To save the product, Cheetos reduced the remaining fat to 0 grams, took out the preservatives and improved the taste.
-Suppose that Cheetos stops production of Cheetos Fat-Free Crunchies and sells all remaining inventory to a warehouse club.This would be an example of a(n) :

• A)strategy for the maturity phase.
• B)phase-out product deletion strategy.
• C)immediate-drop decision.
• D)pull-out product deletion policy.
• E)return to test marketing.

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Definitions:

Pooled Standard Deviation

An estimation of standard deviation that combines two or more groups of data, assuming equal variance across these groups.

Sample Means

The average value derived from a subset of a larger population, used as an estimate of the overall population mean.

Upper Control Limit

The highest threshold in a control chart in statistical process control, beyond which a process output is considered to be out of control and indicative of a problem to be investigated.

Standard Deviation

An indicator that quantifies how much a dataset is scattered around its mean, demonstrating the distribution range of the data points.