1. Discuss four socio-demographic trends and indicate how they may influence marketing channel strategy and structure. Note: Discuss how these trends affect what people buy, where they buy, and how they buy, etc.
2. You have a machine that is staffed 8 hours per day. The average throughput rate is 28 batches per day, and the setup time is 5 minutes per batch. The plant operates 16 hours per day. What is the average processing time per batch?