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05 Oct 2021, 08:00
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The WorldTech Corporation, a leading computer networking hardware and software corporation, is currently developing new networking software and hardware. The new software will be released in 16 months: although the software is ready to ship, WorldTech is still working on the hardware required to run the software, so, to avoid releasing an unusable product, the WorldTech CEO has decided to delay releasing the networking software. WorldTech's market research has shown that initial sales of the software would be strengthened by advertising immediately, but WorldTech's CEO has decided to begin advertising in six months because advertising a product when the customer is unable to use it could tarnish the company's reputation
between 13 and 14 months
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
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Question Stats:
37% (01:54) correct
63%
(01:59)
wrong
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1. According to the graph, what lead time results in the greatest change in sales over the previous month?
| between 1 and 2 months | |
| between 5 and 6 months | |
| between 10 and 11 months | |
| between 12 and 13 months | |
| between 13 and 14 months |
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Official Answer
between 13 and 14 months
Attachment:
2.jpg [ 33 KiB | Viewed 8344 times ]
07 Oct 2021, 06:17
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Official Explanation
According to the graph, what lead time results in the greatest change in sales over the previous month?
This question is basically asking when the largest change, either up or down, occurred in sales as a function of lead time. Based on the line graph, the biggest change occurred between months 13 and 14, when sales went from just above 3 million to just below 2.5 million. There is a good jump from sales at 5 months to sales at 6 months, but this is only about half a million, whereas the change from 13 to 14 months was definitely more than half a million. There is not much difference between sales at 1 month and sales at 2 months, between 10 months and 11 months, or between 12 months and 13 months.
Answer: E
According to the graph, what lead time results in the greatest change in sales over the previous month?
This question is basically asking when the largest change, either up or down, occurred in sales as a function of lead time. Based on the line graph, the biggest change occurred between months 13 and 14, when sales went from just above 3 million to just below 2.5 million. There is a good jump from sales at 5 months to sales at 6 months, but this is only about half a million, whereas the change from 13 to 14 months was definitely more than half a million. There is not much difference between sales at 1 month and sales at 2 months, between 10 months and 11 months, or between 12 months and 13 months.
Answer: E
General Discussion
yashikaaggarwal
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05 Oct 2021, 08:56
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I believe the answer is E.
The maximum change will be represented by the greater slope of the graph.
The maximum slope elasticity is between 13&14.
I will go with the answer E
Posted from my mobile device
The maximum change will be represented by the greater slope of the graph.
The maximum slope elasticity is between 13&14.
I will go with the answer E
Posted from my mobile device
