20.40 Whi focus onthe customer such key principle of target costing and pring? LO.204 20.42 Describe the skimming pricing and penetration pricing approeches to pricing new products. Explin the intenon behind each ofthese approsehes, 10208 20.13 ncompettive bidding the submited bid may afer, depending on whether or othe Supper organisation 20.14 The identification of relevant costs and benefis in decisions o acceptor reject speci xc and the clectin af pice fora compote bis may be Based on sia pncpes Explain. 1020.7 20.16 The Roo ifetited Proving redatory pricing: chalenge or the ACCC'Inthe section ‘egal restrictions on ting pices outines challenges involved in proving predetory ping. Search he med fr examples of tileged predatory pricing Choose ne example and explain the Key predolor ping sues and cancers Intet eam. 020.8 CEMES 20.47. Eepnn why sifeent casts and revenues may be relevent when making short-term prod. mix decisions 20.18 Whats meant by te term contibution margin per unt of care resource? How s his concept used a 20,19 oopends Exan now near programming canbe usin making along tem product mix decon. 10.2010 2020 (eppendix) Explain the mesring of the follwing tems: constants, deeson varebes, feasible region Sexes £20.21 Demand and revenue dat: manufacturer [every st per month Requires 4. Prepare table using the folowing corm hesalngs: quant sole pr month. untsales pico, revenue por month, ehonges in tata revenue 2, Draw a orph that shows be total revenue cure £2022 Continuation of Exercise £20.21; cost data: manufacturer Retr tothe data gen in Exercise £20.21 The dvsiona accountant at Holsounds has estimated t folowing cost da forthe divisors MP payers (There mono xed cass)Acveites production process uses Pighly skied lsbour which isin short spl. The seme ‘employees work on bath produce and an tha same wage rae of $21 per ho Requires Wien of ActveLitesproduts woua you paitisein deciding en th product mi for his organization? Expan ad vty your answer wth svepartng calculi, £20.30 _(ppendi Linear programming: formulate and solve graphically: manufacturer _[ ace te $26 $22 ct zonde sets or $18. PROBLEMS 20:31 Economie-alue pricing: strategie pricing of new products: manufacturer Dry Tech is developing a new commercial clothes cer tha Ory Maste: het plans to sel to coin 283. operated inunetes. Curent, to market leader 2 product calaa Spin Wel, whch Is sold by 2 ompatior Te manesing tector of ry Tech, Fed Price hes engaged a marks restrch agency 10 hop assess the approprate seling pice fr the new clones ayer ryed a range of laundries end determined tne flowing data for the Enginceing estimates have determined thatthe Dry Master wl aque meintenance costing $675 er annum, ae wil have useful fe of rine yeas witha posal value of 2. n acon, te new Droduc wl dy clothes more quick than the Spin Wel anc il sult in sake and fer ches. The ‘ue of his inproved funcional tothe custome ests ot $450, Customers wl need to ncur {average instalation cast lr the Dry Mase f $60 per machinepant 4 mation fr cresting ue “The sles manager has nad a $120000 increase Inher budget allotment fr advertise, and she private schoo! sector Customers do not consider he two products oe suostutes foreach other Required 1. Suppate the sales manager decides to spend the entre $120000 on aovetsing the Scholar ‘Suppose inkfite deciles to spend the entre $120000 on advertising the Standard node What trom the ales ofthe Standard doesnot change? 23, Suopoveifite has only 100000 machine hours of spare capacity avalabe forthe production of both products ants possible tat the increased demand foreach ofthe two prods created bythe edtiona advertising may exceed production capaci Given thatthe compar wishes tO (eppendi Lines programming: formulate and ole graphical: manufacturer Both chocolate bars go through the mixing department where the varus ingredlents are combined, Ingredientin the Moon bar its production to 200 batches per doy. Production dala are presented in ‘Use ocapectyinhoursperbateh | of oduet Deparment -Aratale dy copay inhours = Moon bar te dt fol 420.42 Requires 2, Howmanybatenes of each type of chocolate ba (Star and Moon) shoul be produced to maximise (eppendts Linear programming: servic firm Great Cooking Company oer prouidesrzen meals hat are delvred ce each mnths plan generates '$60 foreach mort plan Sls. The heute cuine plan proves reshlyprepared meals delivered ona 125 2 canton margin of $85 for each mani = anes aT roving prepared Forpianning purposes, rest Cooking uses nar programming o determine the most proftable 2. Graph the 3m process. e sure label he grag 3. Using th oroph prepared in requirement 2, determine the optima soliton te Great Cookin's ration planing problem interme of the number of ech types meal lan produce, 4, Cate sue f Great Cookings objective function atthe optimal slur. 5. ithe constraint on preparation ume could be eliminate, determine the eviedoptimal soliton ASES 20 Pricing a professional conference: pricing strategies; relevant costs ard revenues: The Compter Graphics Insitute (CG, profesional aetolaton for computer Graphics developers has 50000 members. CGI noid 9 canerence each October at atop cass hotel. and panning for next year’s conference Is progressing smociny. The conference budge for promtonel rachures