User Account

All Pages

What happens to its revenues if it uses bundling

Assignment Help Operation Management
Reference no: EM13941600

Online Tutors offers monthly access to students for either or both math or science tutors. A market study found that the served by Online Tutors can be divided into two types of students: students needing help with math, who are primarily interested in math tutoring but may be interested in some science tutoring, and students who are primarily interested in science tutoring but may need some math tutoring. The study further estimates that there are 300 students who fit the category of "students needing help with math" and 200 students who fit the category of "students needing help with science."Â  Online Tutors estimated demand for each type of tutoring service by type of student is given below. All costs are fixed so that maximizing total revenue is equivalent to maximizing profit. 

The demand prices for monthly math and science tutoring services are given below:

Type of Student...............................Math Tutoring Only........................Science Tutoring Only
In Need of Math Tutoring............................$100........................................................$25
In Need of Science Tutoring..........................$50.......................................................$150

a. If the Online Tutoring decides to sell its tutoring services individually, what should it charge for math tutoring? What should it charge for science tutoring?
b. If Online Tutoring offers bundled services, what pricing would you recommend? What happens to its revenues if it uses bundling?

Reference no: EM13941600

Questions Cloud

How does my personality type affect my career : Prepare a 2- to 3-page essay that addresses the following question: How does my personality type affect my career and effectiveness at my job
Role as advocate for improving health care delivery : Choose one legislator on the state or federal level who is also a nurse, and discuss the importance of their role as advocate for improving health care delivery. What specific bill(s) have they sponsored or supported that has/have influenced healt..
Impact on business and management practises : Critically assess how contemporary developments in 3 of the following key areas might impact on business and management practises and decision making: Globalisation Business Ethics Corporate Social Responsibility, Quality Stakeholder Management Co..
Expressions of interest in the position : To achieve this goal it wants to expand its operation by offering package holidays including short breaks. The airline is currently seeking a marketing director to establish a marketing department focusing exclusively on the European holiday marke..
What happens to its revenues if it uses bundling : If Online Tutoring offers bundled services, what pricing would you recommend? What happens to its revenues if it uses bundling?
Prepare a paper to meet the airlines brief : To prepare a paper to meet the airline's brief which demonstrates that you understand and can apply the concepts discussed in the course (and only those concepts) i.e.
Find data that record number of hours after school program : Based on Research Topic What is the relationship between number of hours spent in an afterschool program ad level of aggression for Afrcan american males age 17?
Create a class hugeinteger which uses a 40-element array : Provide methods input, output, add and subtract. For comparing HugeInteger objects, provide the following methods: isEqualTo, isNotEqualTo, isGreaterThan, isLessThan, isGreaterThanOrEqualTo and isLessThanOrEqualTo
Expressions of interest in the position : To achieve this goal it wants to expand its operation by offering package holidays including short breaks. The airline is currently seeking a marketing director to establish a marketing department focusing exclusively on the European holiday marke..

Reviews

Write a Review

Operation Management Questions & Answers

  Computerized mrp systems automatically optimize material

Computerized MRP systems automatically optimize material flow through a production system

  Conglomerate with both manufacturing-service-based business

Engineered Products Inc. (EPI) is a conglomerate with both manufacturing and service-based businesses. One of EPI’s larger manufacturing plants has been asked to increase its recycling efforts or face a major increase in its disposal fees. EPI prides..

  Describe the overall goal of a supply chain

Describe the difference between a supply that is responsive (service) and a supply chain that is efficient. Can a supply chain be both?

  What is the present value

What is the present value of $10000 to be received 20 years from now , if the principle is invested at 8% per year, compounded annually?

  Discuss the process of making ethical decisions

This Assignment addresses the following unit outcomes: Identify how companies influence their ethics environment. Discuss the process of making ethical decisions

  How many units of product have to be sold in order to break

If the company sells at a price of $25, how many units of product have to be sold in order to break even? [algebraic approach only]. If the company sells 10,000 mops at the product price of $25, what will be the contribution to profit?

  Assignment on information technology for management

I have a couple of other paper I need assistance that with that have a short turn around time but flexibility with the amount of pages due. More concerned with the quality of the paper.The papers should not exceed five pages, sigle spaced. I util..

  Spreadsheet model to find the best order quantity

The circulation manager of The New York Times in State College, PA is trying to decide how many copies of the upcoming Sunday edition of the paper to order so as to meet the demand of local customers.

  Typical company in hong kong and singapore

Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore - Explain the rationale for your choice.

  Find out the annual holding costs

The cost to place also process an order from the supplier is $75. The organization operates 300 days per year also the lead-time to receive an order from the supplier is 8 working days. Find out the economic order quantity. Find out the annual hol..

  Explain steps in strategic training and development process

In your own words, define and explain the steps in the strategic training and development process. 200 words in length. Provide referenced and resources.

  Describe a specific change initiative

Discuss the following points regarding change efforts and their results: Describe a specific change initiative that you participated in that seemed to work well.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd