ACC 311 Project One Presentation

Q5. Discuss the Internet marketing possibilities for the product/service in Amazon retail company? Q6. Discuss the use of social media in the marketing of the product/service in Amazon retail company?

Arc-bot Technologies, manufacturer of six-axis, electric servo-driven robots, has experienced annual expenses and savings in its shipping department through improved supply-chain software applications. Find the i* value between 0 and 100%.   The i* value is  % per year.

Case: IKEA: Design and PricingPlease see the attached document to help with the questions Questions1. What are IKEA’s competitive priorities?2. Describe IKEA’s process for developing a new product.3. What are additional features of the IKEA concept (beyond its design process) that contribute to creating exceptional value for the customer?4. What would be important criteria for selecting a site for an IKEA store?   Source: Information about the Trofé coffee mug was obtained from www.ikea.com.

A large business Office Supply & Technology company, “ Smart Space,”recently entered the B2B business markets with new business office virus & flusafety and hygiene product packages- including medical-grade cleaning servicesand a new flu & covid detection air filter for Corporate Offices.They are in the process of determining the appropriate price for the new B2Bproducts and services. Discuss:a)the role that costs play in determining price andb )identify & define the three (3) B2B strategic pricing approaches- andthe formula for each.c)select which approach is best for “Smart Space”and explain why .d) Create and List two (2) Metric-Based customer benefits for the new airfilter detection and cleaning package for sale to B2B businesses.

WebTech Development of Austin, Texas, is considering thepossible introduction of a new product proposed by itsresearch and development staff. The firm’s marketing directorestimates the product can be marketed at a price of $70. Totalfixed cost is $278,000, and average variable cost is calculatedat $48.a. What is the breakeven point in units for the proposedproduct?b. The firm’s CEO has suggested a target profit return of$214,000 for the proposed product. How many units mustbe sold to both breakeven and achieve this target return?

• What is the difference between Risk Appetite and Risk Tolerance? • Define each term. • Contrast these terms highlighting their differences. • What purpose do they serve and how are they used differently.

Integrative ExerciseRelevant Costing, Cost-Based Pricing, Cost Behavior, and Net Present Value Analysis for NoFat Special Sales Offer Relevant Analysis NoFat manufactures one product, olestra, and sells it to large potato chip manufacturers as the key ingredient in nonfat snack foods, including Ruffles, Lays, Doritos, and Tostitos brand products. For each of the past 3 years, sales of olestra have been far less than the expected annual volume of 125,000 pounds. Therefore, the company has ended each year with significant unused capacity. Due to a short shelf life, NoFat must sell every pound of olestra that it produces each year. As a result, NoFat's controller, Allyson Ashley, has decided to seek out potential special sales offers from other companies. One company, Patterson Union (PU)—a toxic waste cleanup company—offered to buy 10,000 pounds of olestra from NoFat during December for a price of $2.20 per pound. PU discovered through its research that olestra has proven to be very…

Memo 7 To:Pricing Manager, Central State Region From:Vice President, Marketing Re:Strategic Pricing Decision Our  only  competitor  in  the  Central  State  region  currently  provides  bundled  services  at  $79.95.  We  are  currently  charging  a  10  percent  premium over its price, but there are rumors that it is contemplating a 10 percent price increase to bring its price in line with ours. We don’t know its cost structure, so we don’t know whether its price increase is driven by rising costs or a strategic move to gain margin.Historically,  when  we  both  charge  the  same  price,  our  market  share  is  about 65 percent. When we charge a 10 percent premium over its price, our market share declines to about 60 percent. It appears that in those instances when it charges a 10 percent higher price than us, our market share is about 70 percent.Please  provide  a  recommendation  regarding  whether  we  should maintain  our  current  price  or  reduce  our  price  to  $79.95.…

Mary Williams, owner of Williams Products, is evaluating whether to introduce a new product line. After thinking through the production process and the costs of raw materials and new equipment, Williams estimates the variable costs of each unit produced and sold at $8 and the fixed costs per year at $70,000.  If the selling price is set at $13.50, Williams forecasts that first-year sales would increase to 17,000 units. Which pricing strategy ($15.00 or $13.50) would result in the greater total contribution to profits?

1.1 Consider the planned construction of a new office building in a downtown area of a large city when office space is in surplus demand.  Construct a risk analysis that examine the various form of risk related to the creation of this office building.  1.2 Explain how the analysis would change if office space were in high demand

Standard Costing; Variance Analysis; Strategic Considerations In a Wall Street Journalarticle, the author notes that various retailers in the United States (e.g., Meijer, Gap, and OfficeDepot) are turning to consulting firms, such as Accenture, to develop engineered labor standards forcashiers and other retail workers. Monitoring labor-hour consumption (i.e., labor efficiency) undersuch standards involves timing from the first scan of an item in a customer’s purchase to the production of a sales receipt for the customer. A commentator for Meijer states that the system now in usehas enabled the company to more efficiently staff stores while concomitantly increasing customerservice ratings. A representative from another client of Accenture states that the new system allowsthe retailer to determine how many workers to schedule at a given time, resulting in a labor-costreduction of approximately 8%. Engineered standards were developed many years ago in a manufacturing environment, at…

VVH Training is a company that provides expert training sessions on how to run your business and make it profitable. They offer these training sessions in their offices and offer catering services during the sessions.You have been hired to complete a profitability analysis and you decided to start by completing a cost analysis of the business, in order to figure out for each training sessions, what costs are fixed and what costs are variable.You were able to gather the following information about the associated costs: • Instructor: $11,000 per session • Training Material: $2,500 per session and $35 per attendee • Catering Services:• Food: $75 per attendee • Setup/cleanup: $25 per attendee• Fixed fee: $5,000 per training session The catering company has also offered VVH Training a 1,000$ discount per session, if they are willing to leave their brochures on the dinner table as a form of advertising. VVH has accepted the offer saying that it is a no-brainerRequired:1. plot a graph that…

Cost Planning; Gasoline Prices In June 2008, when gasoline prices were at an all-time high(more than $4 per gallon), Chrysler Motor Company promoted its Jeep vehicle with the offer of either$4,500 off the price of the vehicle or the guarantee that the buyer would not pay more than $2.99 pergallon of gas for the next 3 years (the details of the guarantee could vary by dealer).Required1. Assume that the Jeep vehicle you are interested in gets 15 mpg combined city/highway and that at thetime of purchase, you expected gasoline prices to average $5 per gallon over the next 3 years. How manymiles would you have to drive the vehicle in the next 3 years to make the guarantee more attractive thanthe $4,500 discount?

Break-even analysis is an important tool for managing any business, including colleges and universities. Identify 3 areas where break-even analysis might be used at a university. For each area, identify the revenues, fixed costs, and variable costs.

Gamers Empire is considering marketing one of two new video games for the coming holiday season: Aliens Kidnapped My Dog or Ninjas vs. Pirates. Aliens Kidnapped My Dog does not appear to have any competition as it is a unique game. Estimated profits (in thousands of dollars) under high, medium and low demand are as follows: Demand Aliens Kidnapped My Dog High Medium Low Profit $1100 $800 $400 Probability 0.3 0.4 0.3 Gamers Empire is optimistic about Ninjas vs. Pirates. However, the concern is that profitability will be affect by their competitor Samurai Games releasing a similar title called Samurai vs. Robots. Estimated profits (in thousands of dollars) with and without competition are as follows: Demand Ninjas vs. Pirates with competition High Medium Low Profit $900 $500 $300 Probability 0.3 0.3 0.4 Ninjas vs. Pirates without competition Profit $1700 $900 $500 Probability 0.5 0.2 0.3 a) Construct a decision tree. b) Calculate the EMVs and state your decision if there is a 75%…

You are on a team designing a new hybrid SUV. Describe how each costing method might be applied.   Parametric Analogous Engineered (bottom-up)

Franklin Company makes fine jewelry that it sells to department stores throughout the United States. Franklin is trying to decide which of the two bracelets to manufacture. Cost data pertaining to the two choices follow. Bracelet A Bracelet B Cost of materials per unit Cost of labor per unit Advertising cost per year Annual depreciation on existing equipment %24 30 37 43 43 8,800 6,500 7,700 5,900 Required a. Identify the fixed costs and determine the amount of fixed cost for each product. b. Identify the variable costs and determine the amount of variable cost per unit for each product. c. Identify the avoidable costs and determine the amount of avoidable cost for each product.

q9-  Booktopia, a bookstore in Melbourne, has a new collection of 200 books to sell. The management staff need to make a decision about which price range to sell for. The prices need to be balanced between making a maximum profit, which might discourage sales, and making a minimum profit which will increase the number of books sold. The data is in the screenshot Use the 2 variable data table method to calculate the total profit for different percentages of books sold with different highest prices. Choose the correct results to fill in the table below. Note that you may need to adjust the Data Table in the screenshot on excel, including the percentages and prices.