The Three Rivers Optical Case MKT 7850-60 1.1 Introduction According to Jobson Medical Information‚ as of 2008 the U.S optical retail market was a $23.5B industry. This number excludes refractive surgery‚ reader and sunglasses sales at non – optical retail locations and contact lens sales by mail/internet suppliers.
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and price ODI lenses at a higher level for the sake of its profits and its future business plan. II. Introduction With the fact existed in poultry industry in late 1970s that most of the chickens in United States were owned by some large farms. Optical Distortion‚ Inc.‚ a contact lens company‚ has developed a kind of contact lens applied on chickens considered to hold enormous market potential. However‚ it is hard for ODI to decide how to price its products and how to extend its business nationwide
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Introduction Optical Distortion‚ Inc. (ODI)‚ is a small‚ new company that has developed contact lenses designed to impair the vision of egg-producing farm chickens. This development came after an accidental discovery that partially blind chickens demonstrate more manageable and productive behaviors that are valuable to chicken farmers. Market Trends As within many industries‚ the poultry and egg production market has evolved dramatically in the last century— from small backyard barnyards to
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‘Optical Distortion‚ Inc.’ Case Study December 02‚ 2013 Situation Executive Summary: Optical Distortion Inc. is a single product company that produces contact lenses for chickens. ODI believes that the use of contact lenses for chickens is a superior solution for poultry farms relative to the current alternative manners that farmers use to prevent cannibalism among their chickens – something that is the cause of mortality rates of up to 25% on some farms. Given the fact that
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Optical distortion‚ Inc 1‚ The expected value of the lenses to farmers Total saving per hen Using ODI‚ rather than debeaking‚ to combat cannibalism‚ a farmer can save the cost in four parts. Lower mortality‚ no egg loss‚ labor in efficiency and feeding in the trough with at least 3/8” deep are the main points to reduce the cost. 1)‚ Debeaking reduces mortality from 25% to 9%. However‚ a test reveals that ODI lower the mortality to an average of 4.5%. The purchase cost per hen is $2.4. So‚ the
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Summary and Recommendations: ODI Inc wants to launch a product that is completely new‚ technologically advanced and performs well as demonstrated in the initial tests. The ODI lens helps farmers by controlling cannibalization among birds at farms. Cannibalization is an issue that is more prevalent in farms with a large number of chickens as they fight for food and their territory. ODI lens helps in distorting the vision of the chicken and thereby curbing both these issues without causing much trauma
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Optical Media Piracy in the Philippines ------------------------------------------------- A Research Paper Submitted to Professor Marie Belmonte Communication Arts and Languages Department College of Arts and Sciences ICCT Colleges Foundation Inc. ------------------------------------------------- In Partial Fulfillment of the Course Requirements in English 02A ------------------------------------------------- By Lawrence L. Parmisana Kurt Cobain V. Rivera Raymart C. Tianes
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3M Optical Systems: Managing Corporate Entrepreneurship I. Point of View The case was analyzed from the point of view of the manager‚ Mr. Andy Wong. II. Objectives * To offer new sets of products to the market. * To seek for a particular channel that would support the organization in project implementation. * To develop projects in order to increase sales. III. The Problem How should the management develop its products
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Recommendation: Optical Distortion‚ Inc. should charge a price of $711 per pair 3C’s: After a chicken farmer’s accidental discovery of the imporoved productivity of the chickens with reduced vision‚ Robert D. Garrison invented the Optical Distortion‚ Inc. lens for the chickens in 1965. By the end of 1974 the ODI lens had been tested on a number of farms in California and Oregon with satisfactory results‚ which is reducing cannibalization rate and being more tractable of chickens. With a long-term
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An optical illusion (also called a visual illusion) is characterized by visually perceived images or views that can differ a ton from objective reality. Optical illusions have been around for centuries‚ teaching us that you shouldn’t fully trust your senses due to that we can easily be tricked. However‚ optical illusions can help us learn how easy it is to trick our brain to see an object that seems real but is really not. An example of a well-known visual illusion would be the “Ames Room”. An Ames
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