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My assignment is to come up with cost reduction on the Brass hinges and the wooden pallets only. This is a group project and we are each assigned a part to try and reduce cost. the current price for brass hinges are .50 cents and 24 are needed to complete the crate for transport. Second the wooden pallets are 10.00 each. I need to develop cost reducing strategies.
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Explain the rules, scales and criteria of measurement essential in marketing research.
What criteria should Zachary use to evaluate the projects? What assumptions should he make?
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