quantifiable value and price elements associated with the Kunst 1600 ? 1. Value elements * Cost savings from not having to change oil because the Kunst 1600 is an oil-free vacuum pump. * Higher revenues‚ and hence profits‚ due to higher productivity of the Kunst 1600 in lower pressure settings. These higher profits are only generated in the light commercial refrigerator repair segments since in these segments‚ the technicians can complete more jobs with a faster pump (the Kunst 1600) in comparison
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Executive Summary The Kunst 1600 is best suited for introduction into the light commercial refrigerator repair market. Its superior features‚ durability‚ and reliability provide the customer with nearly $1‚000 value in use of over current competitor models. However‚ the Kunst 1600 is not well suited to the residential AC market due to the wide spread perception that a 1.6 CFM pump is not capable of handling repairs for comparatively larger air conditioning units. For the home refrigerator repair
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Commercializing the Kunst 1600 Dry Piston Vacuum Pump Q1. List the major quantifiable value and price elements associated with the Kunst 1600. Answer: With its enhanced features‚ the Kunst 1600 is able to pump just as efficiently as a traditional 6 CFM pump in the same amount of time‚ but because it is a compressor‚ it can run longer and cooler than any conventional pump and requires no oil changes! Savings on oil changes‚ cleanup costs‚ and disposal fees alone can equal almost $1‚300* per
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From a quantitative perspective‚ the superior value and price of the Kunst 1600 can be attributed to these three elements. Value Elements: • Cost savings due to the elimination of oil change expenses and messiness -- Most owners and technicians trivialize oil change related costs. • Incremental revenue and profits –Incremental revenue and profits refers to new income that can be attributed to greater product efficiency. In this case study‚ this occurs in only one segment – light commercial
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VALUE Vs PRICE There are four major attributes of a commodity i.e.‚ an item or service produced for‚ and sold on the market has four major attributes. They are: • a value • a use‐value (or utility) • an exchange value • a price (it could be an actual selling price or an imputed ideal price) VALUE In simple words‚ value refers to the importance of a thing or utility of a commodity. But in economics the term “value” has a quite different meaning. According to the famous economist
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Art Appreciation 1301 December 3‚ 2012 Entartete Kunst A government or governing body controlling the public through the control and confiscation of art‚ music‚ literature and media is not a new phenomenon. In every culture‚ censorship is present in some form or fashion. It could be true government regulation or just social prejudice. The Nazi party leader Adolf Hitler used the laws of his regime to control the art world at that time. One of the most documented round up of art occurred during
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Indian Institute of xxx Business to Business Marketing Case: Kunst Vacuum Pumps Commercializing the Kunst 1600 Dry Piston Vacuum Pump 22nd April‚ 2013 Kunst Vacuum Pumps Summary: The case started with the introduction of Kunst Vacuum Pumps which is recently acquired company of company Atler GmbH. Kunst Vaccum Pumps is into manufacturing of high end vacuum pumps mainly used in highly demanding laboratory‚ health care and industrial applications. Basis its quality and reliability factor
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Price and Value Agreement FIS 200 May 29‚ 2011 Is the value of something equal to the price tag placed on it? Is the value and worth of something the same for every person? This is something that many struggle with understanding properly. To fully understand this concept then you must understand the true difference between the value‚ price‚ and worth of something. I intend to explain these and provide you with a better understanding by the end of this paper. Have you ever went grocery
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Islam in the 1600s: Changes in Wealth and Power All three of the major Islamic kingdoms lost power and influence in the spice trade with the onset of European commerce and naval adventurism. We have already seen that the Ottoman Empire began to exploit its control of the lucrative spice trade routes‚ sometimes refusing to trade with Europe and generally increasing the prices of the goods which were allowed to arrive in Europe. Not surprisingly‚ European ships sailing around Africa hurt Ottoman
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Daeja Smith Mr. Bombard English 1102 3/1/2016 Morality: 1600s Austria vs the Current World The world is full of activities‚ some of which leave a lot to wonder whether individuals value the concept of morality. Morality refers to the ability to do that‚ which is perceived right and universally acceptable. Morality plays a critical role in a person’s decision-making process. In Mark Twain’s story‚ “The Mysterious Stranger”‚ morality remains a common theme emphasized among the characters and forms
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