In which one of the following instances do the industry-low, industry-average, and industry-high values for the benchmarking data on pages 6 & 7 of the Footwear Industry Report signal that one of more elements of a company's costs are likely to be too high relative to those of rival companies?

a. When the company's marketing expenses per branded pair sold in both the wholesale and Internet segments in Europe-Africa region are $1.85 above the industry-low benchmark.

b. When the company's operating profit per branded pair sold in the Internet and Wholesale segments are the lowest in the industry in the Asia-Pacific region.

c. When the company's costs per S/Q star are about $1.20 above the industry-low in the regions where the company has production operations.

d. When the company's total production costs per pair produced are $2 to $3 above the industry-low in the regions where the company has production operations.

e. When the company's reject rates for Branded footwear are only 1.5% below the industry-average in those regions where the company has production operations.

Decisions / Reports Menu Branded Operating Benchmarks raye JU (DUINS FullR ANGIUS) Page 4 (Industry Overview) Page 5 (Financial Statistics) Industry 70 Company Page 6 (Production Benchmarks] North America Low Average High Page 7 (Operating Benchmarks) Distribution and Warehouse Costs ($ per pair available for sale) 5.06 8.97 13.31 11.12 Page 8 (Celebrities, Price Trends) Cost of Branded Pairs Sold (production. freight, x-rate cost adjustment) 23.63 28.34 33.90 26.70 COMPETITIVE INTELLIGENCE Internet Segment - Marketing Expenses (s per pair solid 13.00 25,16 43.11 13.00 Comparative Competitive Efforts Operating Profit ($ per pair sold) 11.13 19.61 30.14 30.14 Regional Average Competitive Effort Operating Profit Margin 11.4% 22.4% 35.3% 35.3% Time Series Competitive Efforts Wholesale Segment -Marketing Expenses ($ por pair solid) 2.30 11.75 22.90 11.50 (for any company) Operating Profit (s per pair sold) 6.61 9.70 18.65 7.24 PERFORMANCE HIGHLIGHTS Operating Profit Margin 10.3% 17.2% 27.4% 13,9% Year-Over-Year Highlights Europe-Africa Industry 70 Company COMPANY OPERATING REPORTS Low Average High Facilities & Equipment Distribution and Warehouse Costs ($ per pair available for sale) 3.68 9.13 14.74 3.68 Production & Workforce Cost of Branded Pairs Sold (production, freight, x-rate cost adjustment) 23.15 29.02 40.30 24.21 Internet Segment - Marketing Expenses ($ per pair sold) 14.68 27.80 39.94 14.68 Operating Profit (s per pair sold) 1.11 13.94 26.14 26.14 Operating Profit Margin 1.3% 15.9% 32.3% 32.3% Wholesale Segment - Marketing Expenses (S per pair sold) 7.09 13.44 20.52 12.43 Operating Profit (s per pair solid) 1.63 5.03 9.63 5.00 Operating Profit Margin 3.5% 9.3% 16.9% 10.3% Asia-Pacific Industry 70 Company Low Average High Distribution and Warehouse Costs ($ per pair available for sale) 4.77 6.02 8.70 5.09 Cost of Branded Pairs Sold (production, freight, x-rate cost adjustment) 18.42 24.40 41.76 20.89 Internet Segment - Marketing Expenses (s per pair solid) 14.33 25.26 35.10 14.33 Operating Profit ($ per pair sold) -0.94 19.27 33.82 29.30 Operating Profit Margin -1 0% 23 1% 40.4% 36.5%