Examples of supermarket in the following topics:
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- To find out the most popular cereal among young people under the age of 10, stand outside a large supermarket for three hours and speak to every 20th child under age 10 who enters the supermarket.
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- There is fierce competition in the German grocery industry, due to the increasing number of discount supermarket chains (KPMG 2006).
- In 1997, Wal-Mart acquired over 21 stores from the supermarket chain "Wertkauf. " One year later, Wal-Mart bought an additional 74 stores from the supermarket chain "Interspar".
- As a result, Wal-Mart became the fourth biggest operator of supermarkets in Germany (Lebensmittelzeitung 2006).
- Therefore, the German customer is quite accustomed to the low prices that are offered by numerous discount supermarket chains.
- The intention was to take over the stores of the insolvent supermarket chains and convert them into Wal-Mart stores.
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- The next three questions refer to the following situation: The amount of money a customer spends in one trip to the supermarket is known to have an exponential distribution.
- Suppose the mean amount of money a customer spends in one trip to the supermarket is $72.
- Find the probability that one customer spends less than $72 in one trip to the supermarket?
- (They are poor college students. ) How much money altogether would you expect the 5 customers to spend in one trip to the supermarket (in dollars)?
- State the distribution to use if you want to find the probability that the mean amount spent by 5 customers in one trip to the supermarket is less than $60.
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- In 1997-1998, Wal-Mart acquired over 95 stores from existing German supermarket chains, making it the fourth biggest supermarket operator in Germany.
- Wal-Mart did not build their own stores, but took over existing supermarkets that had a completely different business model - they were very small and had a limited range of goods.
- However, due to the extreme competition, Germans are accustomed to the low prices that are offered by numerous discount supermarket chains.
- However, customer reaction was negative, because customers who normally do their grocery shopping in discount supermarket chains are used to self-service.
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- One 1992 study stated that 26% of American supermarket retailers pursued some form of EDLP, meaning the other 74% were Hi-Lo promotion-oriented operators.
- One 1994 study of an 86-store supermarket grocery chain in the United States concluded that a 10% EDLP price decrease in a category increased sales volume by 3%, while a 10% Hi-Low price increase led to a 3% sales decrease; but that because consumer demand at the supermarket did not respond much to changes in everyday price, an EDLP policy reduced profits by 18%, while Hi-Lo pricing increased profits by 15%.
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- Record the price per pound of 8 fruits, 8 vegetables, and 8 breads in your local supermarket.
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- Supermarkets: Supermarkets evolved in the 1920s and 1930s.
- Supermarkets are large, self-service stores with central check-out facilities, they carry an extensive line of food items and often non-food products.
- Supermarkets were among the first to experiment with such innovations as mass merchandising and low-cost distribution methods.
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- Department stores, supermarkets, and warehouse stores are all large retail outlets.
- A shopper at a warehouse store, for example, will expect to find low-cost, high-quantity goods, while a customer at a supermarket expects to find groceries and limited non-food items.
- Supermarkets usually offer a wide range of products at average prices.
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- Six different brands of Italian salad dressing were randomly selected at a supermarket.
- Calculate a 95% confidence interval for the population mean grams off at per serving of Italian salad dressing sold in supermarkets.
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- The use of scanners in supermarkets and automatic teller machines in banking illustrates the last example.