Business, 04.03.2020 17:10 kasier4600

In the late 1990s, car leasing was very popular in the United States. A customer would lease a car from the manufacturer for a set term, usually two years, and then have the option of keeping the car. If the customer decided to keep the car, the customer would pay a price to the manufacturer, the "residual value," computed as 60 percent of the new car price. The manufacturer would then sell the returned cars at auction. In 1999, the manufacturer lost an average of $480 on each returned car (the auction price was, on average, $480 less than the residual value). A. Why was the manufacturer losing money on this program

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Answer from: fluffyanimal456

There are two possible explanations for why the manufacturers lost money by leasing cars:

the estimated residual value was miscalculated, and probably was actually lower than real market price. the method used to sell returned cars was not efficient. Since returned cars were auctioned, that method was probably not the best way to obtain the highest possible price for the cars. It was a relatively fat method of selling the cars, but not very efficient.

If the residual value was calculated correctly, then the car manufacturers should have changed their method of selling the returned cars, and probably should sell them directly.

Answer from: Quest

the correct answer option is b. a single paragraph.

explanation:

when you are thinking about paragraph topics, you should always choose a subject that can be adequately addressed in a single paragraph.

a paragraph is a piece of writing consisting of a few sentences that deal with a single theme. it has only a single idea that the paragraph revolves around and talks about.

so a paragraph topic must be chosen wisely where a single idea can be communicated in a single paragraph.

Answer from: Quest

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7. customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

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In the late 1990s, car leasing was very popular in the United States. A customer would lease a car f...