COMPUTRON INC. CASE I. Problem Identification: What bid price should Computron Inc. set‚ so that the Computron can achieve management’s profits target‚ match the customer’s requirement and be competitive with respect to the competitors? II. Alternatives: 1) Bid Price: $ 746‚880.00 within 20% offered by Digitex pricing of $ 622‚400. - Will sell less than factory cost of $ 768‚000‚ hence no profit and reduces cash flow required for future investments. - Computron will lose premium quality
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he government on Wednesday decided to raise petrol prices by Rs 5 per litre and diesel by Rs 3 per litre that will result in freight charges going up. Currently‚ freight charges are about Rs 1.40 per tonne per km with an average of about 450-500 km for a company normally. “The fuel price hike will have a cascading impact on all input costs. Cement prices will be impacted by about Rs 3-4 per 50 kg bag‚ and if we are not able to pass on the hike‚ it will definitely impact our margins‚” said KC Birla
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company‚ you are investing in the economy. If that product was gas‚ it is known that the prices for the fuel changes on a daily basis. Those fluctuations in gas prices‚though‚ affect the entire economy. John F. Kennedy made this fact very clear about steel prices in his remarks at a news conference on April 11‚ 1962. His comments included personification and repetition to stress his point that the rise in steel prices negatively affects the economy‚ especially during a recession. America is dependent
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Price rise is the bane of modern world. Price of essential commodities go on rising every day despite the professed and genuine efforts of the government. The main reason of rising the price as the sky rocket is the im-maturity of the government plan and the unabated raise on the population at the alarming rate. As compared to china and other developed European countries most of the south Asian countries even India had failed miserably in controlling its population. In context of Nepal the
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on the European Energy Market (EEM) • 25-27 May 2011 • Zagreb‚ Croatia Electricity price forecasting – ARIMA model approach Tina Jakaša #1‚ Ivan Andročec #2‚ Petar Sprčić *3 Hrvatska elektroprivreda Ulica grada Vukovara 37‚ Zagreb‚ Croatia 2 # tina.jakasa@hep.hr ivan.androcec@hep.hr 1 * HEP Trade Ulica grada Vukovara 37‚ Zagreb‚ Croatia 2 petar.sprcic@hep.hr Abstract— Electricity price forecasting is becoming more important in everyday business of power utilities. Good forecasting
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CPI is a statistical time-series measure of a weighted average of prices of a specified set of goods and services purchased by consumers. It is a price index that tracks the prices of a specified basket of consumer goods and services‚ providing a measure of inflation. \CPI is a fixed quantity price index and considered by some a cost of living index. Under CPI‚ an index is scaled so that it is equal to 100 at a chosen point in time‚ so that all other values of the index are a percentage relative
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Effects of different liquids on the elasticity of a rubber band Luke lash and Charles baker Question: If we submerge rubber bands in different liquid substances‚ will its elasticity of the rubber bands increase? Hypothesis: If we use a more acidic substance like vinegar‚ then elasticity of the rubber band will increase. Background: We are conducting this experiment because although it has been done before‚ the substances that have been used before are generally ordinary. Others have used hot
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Non-price Competition Non-price competition involves two major elements: product development and advertising. The major aims of product development are to produce a product that will sell well (i.e. one in high or potentially high demand) and that is different from rivals’ products (i.e. has a relatively inelastic demand due to lack of close substitutes). For shops or other firms providing a service‚ ‘product development’ takes the form of attempting to provide a service which is better than‚
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Tweeters price competitiveness From exhibit 13 in the case it is clear that Tweeter is price competitive in almost the entire range of items and models that it sells. In an objective model by model comparison (see appendix 1 for a sample comparison) Tweeter either matches or betters competitor ’s prices. Further more when you compare quality and level of service and price paid Tweeter is cheaper than the competition. However‚ the competitors run spot sales (not advertised) and advertised sales
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Price discrimination in Broadway Theatre Phillip Leslie∗ A common thread in the theory literature on price discrimination has been the ambiguous welfare effects for consumers and the rise in profit for firms‚ relative to uniform pricing. In this study I resolve the ambiguity for consumers and quantify the benefit for a firm. A model of price discrimination is described which includes both second-degree and third-degree price discrimination. The model is designed to analyze ticket sales for a Broadway
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