Examlex

Solved

Shelf Level
Shelf Height May Affect the Volume of Sales

question 111

Short Answer

Shelf Level
Shelf height may affect the volume of sales for a product.In order to determine whether or not there is any effect on average sales due to product shelf height,a marketing consultant chooses four typical outlets,a supermarket,a drug store,a discount store,and a variety store,and for one week places the product chosen at one eye level.A resting week follows and the product is moved to another height and so on for three different heights.The number of units sold per week at each location and height are:  Shelf Level  Store  Above  Even  Below  Discount 545549 Supermarket 636056 Drug Store 525247 Variety 444841\begin{array}{l}\text { Shelf Level }\\\begin{array} { | l | c c c | } \hline \text { Store } & \text { Above } & \text { Even } & \text { Below } \\\hline \text { Discount } & 54 & 55 & 49 \\\text { Supermarket } & 63 & 60 & 56 \\\text { Drug Store } & 52 & 52 & 47 \\\text { Variety } & 44 & 48 & 41 \\\hline\end{array}\end{array}
-Compute the mean squares for blocks (MSB).


Definitions:

Hamburger

A ground meat patty, often beef, served between two slices of bread or a bun, commonly accompanied by condiments and toppings.

Hot Dog

A cooked sausage, traditionally grilled or steamed, usually served in a sliced bun as a sandwich.

Slope

The measure of the steepness or incline of a line, often calculated as the ratio of the vertical change to the horizontal change.

Budget Constraint

Represents the combinations of goods and services a consumer can purchase with their income at current prices.

Related Questions