Author Question: Carol, a farmer, sells a dozen ears of corn to her neighbor for 1/dozen. She sells a dozen ears of ... (Read 167 times)

nmorano1 · **on:** Jul 14, 2018

Carol, a farmer, sells a dozen ears of corn to her neighbor for 1/dozen. She sells a dozen ears of corn to the small market down the street for .75/dozen. She sells corn to the chain grocery store in town for .50/dozen. Carol is using
A) differential pricing.
B) discriminatory pricing.
C) price skimming.
D) illegal pricing.

Question 2

Describe the operations of a flexible manufacturing system (FMS).

miss.ashley · **Reply #1 on:** Jul 14, 2018

Answer to Question 1

A

Answer to Question 2

A flexible manufacturing system (FMS) combines electronic machines and computer-integrated manufacturing in a single production system. A factory with an FMS does not have to be retooled for each new product; instead, the FMS factory can be rearranged by reprogramming electronic machines to accommodate new products. Smaller batches of product can also be produced with less production cost than a traditional factory.