What strategies would be consider for lowering your costs, Operation Management

Assignment Help:

Type your question here Four-step process for setting a price on a product, and using 2,000 custom-printed t- shirts as your product (at a cost of $12.25 each to produce), calculate the price you would use to sell the product and your profit after selling your entire inventory (include other costs, e.g. shipping and packaging). What was your strategy and the factors affecting your decision? If you were to sell 1,000 units (t-shirts) to a department store, would that change you're pricing? Why or why not? What about selling the same t-shirts individually on the street, at a craft fair or on eBay? What strategies would you consider for lowering your costs?


Related Discussions:- What strategies would be consider for lowering your costs

Explain a star product is one that, A star product is one that A) in the...

A star product is one that A) in the growth stage but has a low market share B) Has negative to low earning characteristics C) Continues to increase market share even at t

Important functions of maintenance department, Problem 1: What are the ...

Problem 1: What are the important functions of maintenance department? Day to day activities Keeping the machinery, equipment, and services in proper working condition

Describe dss category-type according to the ais taxonomy, Your proposal wil...

Your proposal will have the following elements: (a) State your targeted problem/decision process Examples are: - Hotel Reservation Recommender System - Course Selection

Explain what output rate will be achieved, An assembly line with 30 activit...

An assembly line with 30 activities is to be balanced. The total amount of time to complete all 30 activities is 42 minutes. The longest activity takes 2.4 minutes and the shortest

Explain project management at the phoenician video case, Project Management...

Project Management at the Phoenician video case Many times, project decision makers do not rely solely on financial hurdles, such as return on investment or internal rates of re

Functional departments, operation management is the central to the function...

operation management is the central to the function of business organisation.discuss this statement highlighting how organisations interract with the other functional areas of your

Explain the categories of problems, Describe the categories of problems tha...

Describe the categories of problems that have been found to be approached by Six Sigma methodology.

Scheduling - aggregate planning, Scheduling - Aggregate Planning Mean...

Scheduling - Aggregate Planning Meaning and Definition Scheduling may be defined as the assignment of work to the facility with the specification of times ,and the sequence

Depict serializability graphs, Draw serializability (precedence) graphs for...

Draw serializability (precedence) graphs for the following schedules and state whether each schedule is (conflict) serializable. For each serializable schedule, determine the equiv

Define what are the three steps in completing a job analysis, As an entrepr...

As an entrepreneur, how would you go about doing a job analysis for the first employee you are going to hire in your new business? What are the three steps in completing a job anal

Write Your Message!

Captcha
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!

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