Sales of ABC Fashion category comes from two merchants: VerryVenka (VV) and VukaLavak (VL). VV typically constitutes 40% of the fashion sales in ABC. VV's COO came to us and said, "Let's make our relationship stronger. We would like to be the merchant of choice for your agents." VV decided to launch a free shipping promotion for ABC agents during the 2nd half of May. The promotion is expected to grow VV's sales at ABC by 45% for the remainder of the month, over current forecasted figures for the rest of May. In addition to that, a third of VL's sales are expected to be shifted to VV. If this happens, by what % will ABC's overall fashion sales exceed target in May?
Sales of ABC Fashion category comes from two merchants: VerryVenka (VV) and VukaLavak (VL). VV typically constitutes 40% of the fashion sales in ABC. VV's COO came to us and said, "Let's make our relationship stronger. We would like to be the merchant of choice for your agents." VV decided to launch a free shipping promotion for ABC agents during the 2nd half of May. The promotion is expected to grow VV's sales at ABC by 45% for the remainder of the month, over current forecasted figures for the rest of May. In addition to that, a third of VL's sales are expected to be shifted to VV. If this happens, by what % will ABC's overall fashion sales exceed target in May?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Sales of ABC Fashion category comes from two merchants: VerryVenka (VV) and VukaLavak (VL). VV typically constitutes 40% of the fashion sales in ABC. VV's COO came to us and said, "Let's make our relationship stronger. We would like to be the merchant of choice for your agents." VV decided to launch a free shipping promotion for ABC agents during the 2nd half of May. The promotion is expected to grow VV's sales at ABC by 45% for the remainder of the month, over current
Transcribed Image Text:2016
86
109
101
131
118
157
46
66
Electronics
300
330
132
261
Fashion
Supermarket
463
616
801
376
1 Other
Mar
Apr
May target May 1st to 15th
Number of
1,838
2,389
3,046
457
transacting
agents
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