Suppose you work at costco or another major national, Ask an Expert

Management Studies

Suppose you work at Costco or another major, national, big-box store, and you do a marketbasket analysis and identify the 25 pairs of items in the store that have the highest lift and the 25 pairs of items that have the lowest lift. What would you do with this knowledge? Costco (or your big-box store) doesn’t have salespeople, so up-selling is not an option. What else might you do with information about these items’ lift? Consider advertising, pricing, item location in stores, and any other factor that you might adjust. Do you think the lift calculations are valid for all stores in the United States (or other country)? Why or why not? Are the 50 pairs of products with the highest lift and lowest lift the best place to focus your attention? What other 50 pairs of products might you want to consider? Explain.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91893229

Have any Question?Write your Review or question?

Related Questions in Operation Management

During the measure phase of a six sigma project a building

During the measure phase of a Six Sigma project a building society collected data on the me taken (measured as working days rounded to the nearest day) to process mortgage loan applications. The data are stored in the su ...

1 do you think the reorganization of google is beneficial

1. Do you think the reorganization of google is beneficial for Alphabet’s “moonshots”, now housed in their own business unit with profits-and-loss responsibility? 2. Define leadership and followership. Distinguish betwee ...

1 what does the research evidence say about the three

1. What does the research evidence say about the three theories concerning the relationship between organizational culture and, performance. 2. A time standard was set at 5.50 hours per unit based on the 100th unit produ ...

Ironsteel and the international association of machinists

Ironsteel and the International Association of Machinists and Aerospace Workers (“Union”) were parties to a collective bargaining agreement expiring May 31, 2011 that covered approximately 250 Ironsteel employees at Iron ...

Question define the concept of intelligence-led policing

Question : Define the concept of intelligence-led policing, and explain why it is an important concept for law enforcement agencies. What impact has terrorism had on our post-9/11 American criminal justice system? 200 wo ...

Assignment write a 1-page 15 space reflection answering the

Assignment: Write a 1-page 1.5 space reflection answering the following question: What is one thing you learned from the Jazz Workshop (about yourself or team work) and name one idea that reflects modern management. (wha ...

When looking at understanding employee movement managers

When looking at understanding employee movement, managers want to use a method that is most likely to yield accurate results. Please explain the following tools used to predict employee movement. replacement charts and S ...

Apple has the highest market capitalization in the united

Apple has the highest market capitalization in the United States. In the last analysis on the stock market, Apple was worth 816.54 billion dollars. Apple is trying to compete with Samsung to make the best phones in the m ...

Global power tools has made the news again according to

Global Power Tools has made the news again. According to OSHA officials, the company ignored both the safety officials who had studied its operation and employees who complained of work-related wrist and back injuries. O ...

1 what is the main ldquohigh classrdquo problem which apple

1. What is the main, “high class” problem which Apple management must address? Generating excessive cash is a sign of business success, so why is having it a problem? 2. Should Apple give Einhorn and their largest shareh ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert