10. The company decided to purchase the equipment and choose between the two types of equipment. The investment cost of each type of equipment is shown in the table below. tipe cost 1 10000 2 14000 The product requirements and operation time of the two devices are shown in the table below: product anual demand processing time min 1 12000 4 6 2 10000 9 9 3 18000 5 3 1) If the equipment works 250 days a year and operates for 8 hours a day, how many sets of each type of equipment are needed to meet the demand? What is the annual buffer processing time of each type of equipment? 2) If you take requirements as an important consideration, What kind of equipment will be selected under the demand of high certainty? What kind of equipment will be selected under the demand of low certainty?
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
10. The company decided to purchase the equipment and choose between the two types of equipment. The investment cost of each type of equipment is shown in the table below.
| tipe |
cost |
||||||||
| 1 | 10000 | ||||||||
| 2 | 14000 |
The product requirements and operation time of the two devices are shown in the table below:
| product | anual demand | processing time | min | |
| 1 | 12000 | 4 | 6 | |
|
2
|
10000 | 9 | 9 | |
| 3 | 18000 | 5 | 3 |
1) If the equipment works 250 days a year and operates for 8 hours a day, how many sets of each type of equipment are needed to meet the demand? What is the annual buffer processing time of each type of equipment?
2) If you take requirements as an important consideration, What kind of equipment will be selected under the demand of high certainty? What kind of equipment will be selected under the demand of low certainty?
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