Answer:
The answer is $126,000
Explanation:
Please find the attached file for the calculation.
Answer: D. customers have heterogeneous demands which are expected to be met in a cost-effective way.
Explanation:
The options are:
A. most customers are likely to agree on a single product configuration.
B. customers prefer to upgrade their products by replacing their entire system.
C. customers are willing to pay a premium price for extreme customization and personalization.
D. customers have heterogeneous demands which are expected to be met in a cost-effective way.
Modular production system refers to a production system whereby the workers set their own standards and then work together for production purpose.
Based on the scenario given, a modular system would offer greater value to ErgoWorld when the customers have heterogeneous demands that are expected to be met in a cost-effective way.
<span>Which markets compete in non-price competition? The companies and brands that compete in non-price competition are brands that are known, name brands with those that are generic. Even though generic brands are known for being cheaper, most brand-name goods sell more products because of their name. </span>
When Wal-Mart started purchasing from the manufactures of products directly in 1980 it helped to grow the business into a major success. The three activities that helped build the success was more cost effective inventory management, distribution practices by having their own fleet of trucks, and supply chain efficiency which helped to save time.