Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What primary activity should the CEO of Andrews Company do to reduce excess inventory below based on customer expectations of Axe? Low End Customer Buying
What primary activity should the CEO of Andrews Company do to reduce excess inventory below based on customer expectations of Axe? Low End Customer Buying Criteria Categories Expectations Importance Price $14.00 - $26.00 53% Age 3 Years 24% Positioning Performance 6.5 Size 14.0 16% MTBF 12,000 - 20,000 Hours 7% Top Products in Low Cost Segment Name Market Share Units Sold to Seg Revision Date Stock Out Pfmn Coord Size Coord List Price MTBF Age Dec.31 Promo Budget Cust. Aware- ness Sales Budget Cust. Access- ibility Dec. Cust. Survey Drum 29% 1,643 4/11/2022 7.0 13.2 $18.00 17000 3.56 $1,150 69% $1,000 64% 37 Don 28% 1,593 4/11/2022 YES 6.8 13.4 $18.00 17000 3.76 $1,150 68% $1,000 64% 36 Boat 18% 1,021 6/28/2021 7.0 13.2 $19.00 14000 2.48 $1,000 56% $1,000 72% 24 Axe 16% 892 7/14/2021 6.4 13.7 $26.00 20000 3.28 $3,000 100% $3,000 81% 24 Best 9% 516 12/7/2021 9.4 10.8 $21.00 16000 1.11 $1,000 56% $1,800 72% 5 Dart 0% 5 11/19/2021 10.2 9.4 $27.00 18000 1.16 $1,150 68% $700 64% 0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started