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Meyers Stores

Essay by   •  October 19, 2017  •  Course Note  •  287 Words (2 Pages)  •  509 Views

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Meyer Stores carries a specialty line of flavored syrups. One of the most popular of these is raspberry syrup which sells, on average, 30 bottles per week. Meyer’s cost is $8 per bottle. Meyer has determined its order cost to be $50 and inventory carrying cost is 20 percent. Meyer is open for business 52 weeks per year. It has been suggested that consumers will likely purchase products which they perceive as being more congruent to their self-concept, or, further, that the acquisition of the product will enhance the individual’s self-concept. Products and services deliver fundamental elements of value that address four kinds of needs: functional, emotional, life changing, and social impact. In general, the more elements provided, the greater customers’ loyalty and the higher the company’s sustained revenue growth. There have now been three detected and reported earthquake-like events subsequent to the most recent, very large (~6.1 magnitude) underground nuclear test conducted by North Korea on September 3, 2017 at its Punggye-ri Nuclear Test Site. Recent media reporting has suggested that, as a result, the site may no longer be suitable for further underground nuclear testing. The three earthquakes were likely induced by the ~250 kiloton nuclear test; however, US nuclear test history at the Nevada Test Site provides evidence that such post-test tremors are not unusual. Furthermore, even in the face of what has been dubbed “Tired Mountain Syndrome,”[1] abandonment of the site for nuclear testing should not be expected. Such historical precedent, combined with the presence of two other, as yet unused tunnel complexes within the test site, leads us to conclude that there is no valid reason to assume that the Punggye-ri test site is unable to contain additional underground nuclear tests.

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