Which pricing strategy is characterized by the setting of a low introductory price to help drive consumer awareness and create an incentive for the consumer to buy now? Price skimming strategy Experience curve strategy Market penetration strategy Everyday low pricing strategy

The correct option market penetration strategy

Explanation:

Price skimming is when price is set high in order to appeal a group of consumers that the product of high premium quality filled with first of its kind innovation.

Market penetration is the opposite of price skimming in that the prices are set very low in order attract consumers,create an awareness for the new product,thereby encouraging consumers to purchase the new products.

In other words, the pricing strategy highlighted in the question is the latter not the former.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer; erp systems;