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6. (a) What is meant by the term design mix? (2) (b) (i) Identify the level (in kgs) of the buffer stock held by Elvis & Kresse during December 2012 - Edexcel - GCSE Business - Question 6 - 2015 - Paper 1
Question 6
6. (a) What is meant by the term design mix? (2) (b) (i) Identify the level (in kgs) of the buffer stock held by Elvis & Kresse during December 2012. (1) (... show full transcript
Worked Solution & Example Answer:6. (a) What is meant by the term design mix? (2) (b) (i) Identify the level (in kgs) of the buffer stock held by Elvis & Kresse during December 2012 - Edexcel - GCSE Business - Question 6 - 2015 - Paper 1
Step 1
What is meant by the term design mix?
Answer
The term design mix refers to the combination of factors that influence the creation of a product. These factors typically include the function, cost, and appearance of the product. It is essential for businesses, such as Elvis & Kresse, to consider these elements in order to create products that fulfill customer needs while remaining economically viable. In essence, the design mix shapes how a product will be perceived in the market.
Step 2
Step 3
Calculate the weight (in kgs) of delivery A. Show your workings.
Answer
To find the weight of delivery A, we can look at the stock level in the bar gate stock graph before and after delivery A.
- Initial stock level before delivery A: 120 kgs
- Stock level after delivery A: 100 kgs
- Weight of delivery A = Initial stock level - Stock level after delivery A
= 120 kgs - 100 kgs
= 20 kgs
Thus, the weight of delivery A is 100 kgs.