Airline Industry: Pricing Structure and Strategies ABSTRACT The profitability of an airline industry depends on filling seats‚ and on the company’s ability successfully to anticipate the cost and price structures of their competitors. However‚ many airline carriers have a hard time accomplishing this because the average airline passenger just needs to travel from one destination to another in the most convenient and shortest amount of time at a reasonable price. Therefore‚ customers in this
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An Alternative Retail Pricing Policy for Petroleum Products: A Case Study of Gasoline and High Speed Diesel in Thailand Thiraphong Vikitset School of Development Economics National Institute of Development Administration 118 Seri Thai Road‚ Bangkapi District‚ Bangkok 10240‚ Thailand E-mail: thiraphongv@yahoo.com. 2 Abstract This article examines the retail pricing policy of gasoline and high speed diesel in Thailand. The pricing policy of these two products is characterized by cross price
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ATM The Many Faces of Asynchronous Transfer Mode Table of Contents Introduction 3 ATM Objectives 3 Basic Concepts in ATM 4 ATM Standards 7 ATM Switching 11 Switching Networks 12 Performance Issues 12 ATM Applications 14 Consumer Applications 14 Commercial Applications 16 Summary 17 References 19 The Many Faces of Asynchronous Transfer Mode Introduction Asynchronous Transfer Mode (ATM) has been accepted universally as the transfer mode of choice for Broadband Integrated
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Efficient Pricing of Geomarketing Internet Services: European vs. American Approach Alenka Krek Institute for Geoinformation‚ Technical University Vienna Gusshausstrasse 27-29/127‚ A-1040 Vienna krek@geoinfo.tuwien.ac.at Abstract Geomarketing information is information which enables the user to take better and faster decisions about marketing and sales activities. The main source of information are geographic‚ demographic‚ and statistic data. These data are usually collected and maintained by
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Industrial Engineering Heat Transfer Lab report Free & Forced Convection Heat Transfer Mahmood Mohsin AL-Khusaibi 85135 Amur Sultan Al-Habsi 86260 Rashid Nasser Al Shabibi 85362 Aim: The objective of this experiment to investigate the use of extended surface to improve heat transfer through surfaces. In addition‚ another target is to demonstrate the effect of the fluid speed on the heat transfer by convection. Introduction: Heat transfer by convection is one of three
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Full Cost Pricing Selling price arrived at by adding overheads and profit margin to the direct cost per unit of a product. In a manufacturer’s overheads computation‚ less than full capacity utilization of the plant is factored in to allow for fluctuations in the output. The profit margin is computed as a fixed percentage of the average total cost of the product. Pricing - full cost-plus pricing Full cost plus pricing seeks to set a price that takes into account all relevant costs of production
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The pricing strategy for a new product should be developed so that the desired impact on the market is achieved while the emergence of competition is discouraged. Two basic strategies that may be used in pricing a new product are skimming pricing and penetration pricing. Skimming Pricing Skimming pricing is the strategy of establishing a high initial price for a product with a view to “skimming the cream off the market” at the upper end of the demand curve. It is accompanied by heavy expenditure
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Posted by Petra at 1:43 PM No comments: Wednesday‚ January 9‚ 2008 9. Pricing Price is the amount of money a buyer has to sacrifice in order to get what he/she wants. Pampers’ tends to make their products available to wide range of customers‚ so their price must also be affordable‚ reasonable and relatively low. I’ve already mentioned that Pampers’ makes constant improvements of the products‚ but also of the production process with new technology. That makes possible lowering of the
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4. What general pricing approaches have the hamburger chains in Japan pursued? Different hamburger chains in Japan pursued slightly different pricing approaches nowadays. However‚ there used to be a similar pricing approach among the hamburger chains in Japan. Almost a decade ago‚ hamburger chains in Japan competed for the lowest price at which they can still afford to sell their burgers and earn profits. We could classify such an approach under the good-value pricing where the hamburger companies
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produced in cities and towns is increasing. One of the ways to ease the pressure being applied to the current landfills‚ and the cost implications of regional landfills approximately 35Km away‚ is the construction of a Refuse Transfer Station. The introduction of a Refuse Transfer Station also provides an opportunity establish a Materials Recovery Facility. This facility allows for the recovery of recyclable materials‚ which can be
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