Which of the following companies has the most service-dominated offering? Select one: a. A fast-food restaurant...
Which of the following companies has the most service-dominated offering?
Select one:
a. A fast-food restaurant
b. A landscaping company
c. An appliance repair center
d. A university
Homework Answers
A: there is food (product) which is the main element and less weightage on service
B: includes design (service) and implementation (change of landscapes - product)
C:there is high element of service (repair) invloved but it is still on the product (appliance)
D: highest service element - no product as such
Add Answer to:
Which of the following companies has the most service-dominated
offering?
Select one:
a. A fast-food restaurant...
In a benchmark study, a fast food restaurant had an average service time of 2.8 minutes....
In a benchmark study, a fast food restaurant had an average service time of 2.8 minutes. Assume that the service time for the fast food restaurant has an exponential distribution. (Round your answers to four decimal places.) (a) What is the probability that a service time is less than or equal to one minute? (b) What is the probability that a service time is between 45 seconds and one minute? (c) Suppose the manager of the restaurant is considering instituting...
In a benchmark study, a fast food restaurant had an average service time of 2.6 minutes....
In a benchmark study, a fast food restaurant had an average service time of 2.6 minutes. Assume that the service time for the fast food restaurant has an exponential distribution. (Round your answers to four decimal places.) (a) What is the probability that a service time is less than or equal to one minute? (b) What is the probability that a service time is between 15 seconds and one minute? (c) Suppose the manager of the restaurant is considering instituting...
Marketing Research Interpretation Scenario Wendy's is a restaurant chain that is immersed in the Fast Food...
Marketing Research Interpretation Scenario Wendy's is a restaurant chain that is immersed in the Fast Food Restaurant Industry where we can find companies that compete in different segments, being Burger, Sandwich, Snacks/Beverages, Chicken and Pizza the most important. Each restaurant is in competition with other food service operations within some geographical area. These quick service restaurants are highly competitive and include well established competitors. Quality, variety, convenience, price and value perception of food products offered, locations, quality and speed of...
Wendy's restaurant has been recognized for having the fastest average service time among fast food restaurants. In a be...
Wendy's restaurant has been recognized for having the fastest average service time among fast food restaurants. In a benchmark study, Wendy's average service time of 2.2 minutes was less than those of Burger King, Chick-fil-A, Krystal, McDonald's, Taco Bell, and Taco John's (QSR Magazine website, December 2014). Assume that the service time for Wendy's has an exponential distribution. a. What is the probability that a service time is less than or equal to one minute (to 4 decimals)? b. What...
Jim McDonald, manager of the fast-food hamburger restaurant McBurger, realizes that providing fast service is a...
Jim McDonald, manager of the fast-food hamburger restaurant McBurger, realizes that providing fast service is a key to the success of the restaurant. Customers who have to wait very long are likely to go to one of the other fast-food restaurants in town next time. He estimates that each minute a customer has to wait in line before completing service costs him an average of 30 cents in lost future business. Therefore, he wants to be sure that enough cash...
The owner of a small fast food restaurant recorded the sale amount for a random sample...
The owner of a small fast food restaurant recorded the sale amount for a random sample of 100 purchases from his restaurant. The resulting values were used to produce this graph. Which of the following are true of this graph? Frequency 25 20 15 10 0 0 10 20 30 40 50 60 Sales Select one or more: a. This histogram is best described as skewed to the left. b. This histogram is best described as skewed to the right....
Rachael's Restaurant, a fast-food restaurant company, operates a chain of restaurants across the nation. Each restaurant...
Rachael's Restaurant, a fast-food restaurant company, operates a chain of restaurants across the nation. Each restaurant employs eight people; one is a manager paid a salary plus a bonus equal to 4 percent of sales. Other employees, two cooks, one dishwasher, and four servers, are paid salaries. Each manager is budgeted $3,000 per month for advertising costs. Required Classify each of the following costs incurred by Rachael's Restaurant as fixed, variable, or mixed: a. Advertising costs relative to the number...
Use the data in the following table, which lists drive-thru order accuracy at popular fast food...
Use the data in the following table, which lists drive-thru order accuracy at popular fast food chains. Assume that orders are randomly selected from those included in the table. Drive-thru Restaurant A B C D Order Accurate 336 271 248 133 Order Not Accurate 40 51 38 14 If one order is selected, find the probability of getting food that is not from Restaurant A. The probability of getting food that is not from Restaurant A is?
A duopoly is the most basic form of oligopoly, a market dominated by a small number...
A duopoly is the most basic form of oligopoly, a market dominated by a small number of companies. Below are the most famous "duopoly" businesses: Coca-Cola vs. Pepsi Boeing vs. Airbus Intel vs. AMD Select one of these "duopolies" and describe it in this discussion board. What is the nature of these business? What is their main product/service? Which company is bigger? How do these businesses differentiate their products? Is the competition fierce in your opinion? What are the main...
3. A fast food restaurant has a drive-thru window. On average 40 customers arrive at the...
3. A fast food restaurant has a drive-thru window. On average 40 customers arrive at the window every hour. It takes 1 minute on average to serve a customer. a. What is the average number of customers that will be in line and in service at any time? b. On average, how long will a customer spend in the system?
Marketing Research Interpretation Scenario Wendy's is a restaurant chain that is immersed in the Fast Food Restaurant Industry where we can find companies that compete in different segments, being Burger, Sandwich, Snacks/Beverages, Chicken and Pizza the most important. Each restaurant is in competition with other food service operations within some geographical area. These quick service restaurants are highly competitive and include well established competitors. Quality, variety, convenience, price and value perception of food products offered, locations, quality and speed of...
The owner of a small fast food restaurant recorded the sale amount for a random sample of 100 purchases from his restaurant. The resulting values were used to produce this graph. Which of the following are true of this graph? Frequency 25 20 15 10 0 0 10 20 30 40 50 60 Sales Select one or more: a. This histogram is best described as skewed to the left. b. This histogram is best described as skewed to the right....
Rachael's Restaurant, a fast-food restaurant company, operates a chain of restaurants across the nation. Each restaurant employs eight people; one is a manager paid a salary plus a bonus equal to 4 percent of sales. Other employees, two cooks, one dishwasher, and four servers, are paid salaries. Each manager is budgeted $3,000 per month for advertising costs. Required Classify each of the following costs incurred by Rachael's Restaurant as fixed, variable, or mixed: a. Advertising costs relative to the number...
3. A fast food restaurant has a drive-thru window. On average 40 customers arrive at the window every hour. It takes 1 minute on average to serve a customer. a. What is the average number of customers that will be in line and in service at any time? b. On average, how long will a customer spend in the system?
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 11 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 11 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 11 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 11 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 11 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 11 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 11 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 11 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 11 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 11 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 11 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 11 months ago