Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Limited Resources Maria Pajet, a regional sales representative for UniTec Systems, Inc., has been working about 80 hours per week calling on a total of

Limited Resources Maria Pajet, a regional sales representative for UniTec Systems, Inc., has been working about 80 hours per week calling on a total of 123 regular customers each month. Because of family and health considerations, she has decided to reduce her hours to a maximum of 160 per month. Unfortunately, this cutback will require Maria to turn away some of her regular customers or, at least, serve them less frequently than once a month. Maria has developed the following information to assist her in determining how to best allocate time: Customer Classification Large Business Small Business Individual Number of customers 8 35 80 Average monthly sales per customer $2,500 $1,500 $600 Commission percentage 5% 8% 10% Hours per customer per monthly visit 5.0 3.0 2.5 a. Develop a monthly plan that indicates the number of customers Maria should call on in each classification to maximize her monthly sales commissions. b. Determine the monthly commissions Maria will earn if she implements this plan. In the first table, calculate the commission per customer and per hour for each customer classification. In the second table, complete the monthly call/visit plan that would maximize Maria's monthly sales commissions. Then determine Maria's monthly commissions if she implements this plan. Commission per customer Commission per hour Large business Answer 125 Answer 25 Small business Answer 120 Answer 40 Individual Answer 60 Answer 24 Monthly Call/Visit Plan Total number of customers Total number of visit hours Total commissions Large business Answer 8 Answer 40 Answer 1,000 Small business Answer 35 Answer 105 Answer 4,200 Individual Answer 0 Answer 0 Answer 0 Grand totals: Answer 0 Answer 0 Answer 0 Feedback Partially correct

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Research In Finance

Authors: John W. Kensinger

1st Edition

0857245414, 978-0857245410

More Books

Students also viewed these Finance questions