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A cosmetics manufacturer's marketing department has developed a linear trend equation that can be...

Question:

A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand and Foot Cream .

Ft=80+15t

Where

Ft=Annual sales 000 sales

t=0 corresponds to 1990

Are annual sales increasing or decreasing? By how much?

Predict annual sales for the year 2006 using the equation

Manufacturer:

Manufacturer is a person who produces the goods and services for the customers. Manufacturers hire distribution channels in order to deliver goods and services to the consumers on time. Manufacturers hire retailers to make direct contact with the consumers and persuade them to make purchases.

Answer and Explanation:

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  • Annual sales are increasing. They are increasing by 15000. This is because; t is multiplied by15 as per the given equation.
  • Annual sales for the...

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Cooperative Advertising: Definition & Examples

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Chapter 18 / Lesson 19
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Business isn't always about competition. Sometimes it's about teamwork. In this lesson, you'll learn about cooperative advertising, including what it is, some related concepts, and some examples illustrating it. A short quiz follows the lesson.


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