Answer the Following Questions Using the Information Below

question 74

Multiple Choice

Answer the following questions using the information below:
Ventaz Corp has a variable demand. Historically, its demand has ranged from 30 to 50 windows per day with an average of 40. Alex works eight hours a day, five days a week. Each order is one window and each window takes 11 minutes.
-Alex plans to add doors to its product line and anticipates that they will average 3 doors per day.Each door takes 10 minutes to install. What is the average waiting time,in minutes,if Alex continues to be the only worker?

• A) 237.0 minutes
• B) 337.0 minutes
• C) 257.0 minutes
• D) 720.0 minutes

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Definitions:

Types of Data

Various forms of data including qualitative, quantitative, primary, secondary, big data, and more, each with specific characteristics and uses in research and analysis.

Positioning

The strategic process of establishing a product or brand's identity and value proposition in the minds of consumers, relative to competitors.

Perceptual Map

A visual tool used in marketing to map consumer perceptions of brands or products on various dimensions.

Product

A good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers’ needs and is received in exchange for money or something else of value.