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- Number of Consumers Who Try the Product Number of Repeat Customers 10 million 10 million Product Energy bar A Energy bar B In the table above, the profit from repeat customers will equal the cost of the advertisement if there are Profit per Repeat Customer 5 million 1 million $6 6 Profit from Repeat Customers $30 million 6 million Cost of Advertisement $10 million 10 million million repeat customers. (Enter your response rounded to two decimal places.)The market demand for the newest smartphone is 1 million units. The selling price for the LG phone is $400.00. The cost is $100 per unit. LG currently has market share of 10 percent. The marketing and sales expense is $5 million. Assume market demand grows by 20%. Given the 20% increase in market demand, LG maintains its market share of 10%, selling price of $400, unit cost of $100, and marketing and sales expense of $5 million. What is the new net marketing contribution (NMC)? O a. $36 million Ob. $31 million O. S7 million O d. $12 million5. In an FEA simulation, you did a mesh independence study. The results were compared with an experimental test and errors were plotted in Figure 7. a) Is the mesh with 8000 elements fine enough, and why? b) Is there another error source in the simulation and what type of errors could it be? Page 3 of 6 ENGG20071 Industrial Design & Product Case Studies Errors 60% 50% 40% 30% 20% 10% 0% 500 1000 2000 4000 8000 Figure 7 Errors plot against number of elements
- What is the correct answer? Note:- Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote. Take care of plagiarism. Answer completely. You will get up vote for sure.5. The profit function for a firm is P(x) = -4.5x2 + 36000x – 45000 Where P is the profit stated in dollars. a) Determine the number of units x which will result in maximum profit? b) What is the expected maximum profit?Oregon Fiber Board makes roof liners for the automotiveindustry. The manufacturing manager is concerned aboutproduct quality. She suspects that one particular failure, tears in the fabric, is related to production-run size. An assistantgathers the following data from production records: a. Draw a scatter diagram for these data.b. Does there appear to be a relationship between run sizeand percent failures? What implications does this datahave for Oregon Fiber Board’s business?
- Company X is going to buy a total of 4 ads. They are going to advertise in the newspaper or on the radio. The more ads they buy the more customers they have based on the following schedule. Number of Ads Total new customers from newspaper ads Total new customers from radio ads 0 0 0 1 100 200 2 180 320 3 220 390 4 240 400 In this case, the best strategy is to buy newspaper ads and radio ads. Enter whole numbers.The CEO of SLIM Company analyzes many indicators such as sharp and constant reduction in the number of customers, decline in profit, increase in customer complaints, increase in competitors' sales. Analyzing these indicators is part of the -- -- step in decision-making process. ' A- Assess Alternatives' B -Recognize the need for a decision' C 'Generate Alternatives' (D) 'Implement chosen Alternatives' E) 'Choose among Alternatives'As part of its bankruptcy restructuring, General Motors (GM) launched an ad campaign that revealed glimmers of a streamlined GM: fewer brands (Cadillac, Buick, Chevrolet, GMC) and fewer models within each brand A. What research would you have done to determine which vehicle models GM should retain and which it should drop? B. What would you have measured and with what type of measurement scale?
- Action No Recycling Recycling Chemical Lab (Dollars) 2,400 2,100 Profit Water Park (Dollars) 1,100 1,900 Total (Dollars) Total economic profit is highest when the recycling production method is When the chemical lab uses the recycling method, the water park earns $1,900 - $1,100 = $800 more per week than it does with no recycling. Therefore, the water park should be willing to pay up to $800 per week for the chemical lab to recycle water. However, the recycling method decreases the chemical lab's economic profit by $2,400 - $2,100 = $300 per week. Therefore, the chemical lab should be willing to use the recycling method if it is compensated with at least $300 per week. Suppose the water park has the property rights to the lake. That is, the water park has the right to a clean (unpolluted) lake. In this case, assuming the two firms can bargain at no cost, the chemical lab will the recycling method and will pay the water park per week. Now, suppose the chemical lab has the property…Question 3 A local firm produces three types of pizza, for delivery to homes in the area. The owners have completed research, to discover the demand curves for each of the three pizzas. The schedules are shown below: (Quantities are per week). Pric Pizza A Pizza B Pizza C e (Qd) (Qd) (Qd) 12 800 100 11 840 200 10 880 400 300 9. 920 800 400 960 1200 500 7 1000 1600 600 1040 2000 700 5 1080 2400 800 Plot the three demand curves, on one graph.Calculate PED for all three pizzas over the price increases from £9 to £10. For pizza C only, what price must be charged if the firm wishes to maximize its sales revenue? (Hint: more elastic demand will affect the revenue adversely).Research topic: How leadership can positively influence organizational performance.