Secore Robotics Corporation Has Developed a New Robot-Model TR-53-That Has

question 182

Multiple Choice

Secore Robotics Corporation has developed a new robot-model TR-53-that has been designed to outperform a competitor's best-selling robot. The competitor's product has a useful life of 20,000 hours of service, has operating costs that average $1.30 per hour, and sells for $109,000. In contrast, model TR-53 has a useful life of 100,000 hours of service and its operating cost is $0.80 per hour. Secore has not yet established a selling price for model TR-53.From a value-based pricing standpoint what is the reference value that Secore should consider when pricing model TR-53?

• A) $189,000
• B) $135,000
• C) $545,000
• D) $109,000

---

Definitions:

Critical Worldview

An approach that critically examines societal structures and norms, questioning power dynamics and ideologies.

Researcher-Dispassionate

A stance or approach where the researcher maintains an objective and unbiased perspective during the study.

Qualitative Research

Research that seeks to understand human behavior and the reasons that govern such behavior, emphasizing on observational methods.

Sample-Large

Refers to a significantly large subset of a population used in research to improve the accuracy and reliability of statistical analysis.