Examlex
The constraint at Bonavita Corporation is time on a particular machine.The company makes three products that use this machine.Data concerning those products appear below: Rank the products in order of their current profitability from most profitable to least profitable.In other words, rank the products in the order in which they should be emphasized.
Demographic Variable
Characteristics of populations, like age, gender, income, and education, which are used in segmenting markets.
Family Size
A demographic term referring to the number of individuals living in a single household, categorized by nuclear, extended, or other variations.
Behavioral Segmentation
The division of a market into groups based on consumer behaviors and patterns relating to the use of a product or service.
Psychographic Segmentation
This is a market segmentation strategy that divides consumers based on their personality traits, values, attitudes, interests, or lifestyles.
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