Tavis Robotics Corporation Has Developed a New Robot-Model FI-73-That Has

question 246

Multiple Choice

Tavis Robotics Corporation has developed a new robot-model FI-73-that has been designed to out perform a competitor's best-selling robot. The competitor's product has a useful life of 10,000 hours of service, has operating costs that average $4.60 per hour, and sells for $109,000. In contrast, model FI-73 has a useful life of 30,000 hours of service and its operating cost is $2.60 per hour. Tavis has not yet established a selling price for model FI-73.From a value-based pricing standpoint what is the reference value that Tavis should consider when pricing model FI-73?

• A) $155,000
• B) $109,000
• C) $187,000
• D) $327,000

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Structured educational or skill development courses provided by organizations or institutions.

Urbanization

The process by which towns and cities are formed and grow by the migration of people from rural to urban areas, often in pursuit of a better standard of living.

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Provide guidelines for determining the quality of nursing care that a patient or client receives

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A professional organization representing the interests of nurses and the nursing profession at a national level.