Question Completion:
Figures in thousands (000):
Product Segment Capacity Next Round
Dug Core 1200
Dune Core 1450
Beetle Core 1040
Bat Core 1050
New Core 100
Adam Core 1200
Answer:
Chester Company
Competitive Intelligence Report:
Based on the increased 10% capacity, the industry can produce 6,644 units.
Explanation:
a) Data and Calculations:
Product Segment Capacity Next Round Increased Capacity (1.1)
Dug Core 1,200 1,320
Dune Core 1,450 1,595
Beetle Core 1,040 1,144
Bat Core 1,050 1,155
New Core 100 110
Adam Core 1,200 1,320
Total 6,040 6,644
b) Each of the core segment products can be increased by the increased capacity factor of 1.10 (1 + i), where "i" is the rate of capacity increase. Alternatively, the total capacity in the current period can be increased by the increased capacity factor. Either way, produces the same result of an increased capacity of 6,644 units that the industry can produce. The result also shows that the options provided in the question are not correct. They must have been based on other assumptions.
Keep the buoy on your starboard side. In addition, once disconnected from the boat in a swift river current, you must float on your back with your feet downstream and to avoid capsizing or swamping you must anchor from the bow reasonably than the stern.
Assessing how customers in the target market evaluate price is the <u><em>second </em></u>stage in the pricing process.
A company's pricing process is the amount it asks for its goods or services. As a result, the profitability of a business is directly related to the pricing decisions it makes. A product's pricing is determined by several variables, including its cost to produce, the intensity of competition, the state of the market, and the level of quality it offers. When determining the prices of its goods and services, a company should keep in mind the requirement to recover both the direct and indirect expenses associated with production and a reasonable profit. If the selling price of a product is below the company's operating expenses, the company will go bankrupt.
When setting prices for its wares, a company employs a variety of strategies and procedures. An efficient pricing strategy is one that maximises the surplus between the producer and the customer. A company's pricing plan should be practical, adaptable, and profitable.
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