A New Product, an Automated Crepe Maker, Is Being Introduced

question 6

Multiple Choice

A new product, an automated crepe maker, is being introduced at Miyake Corporation. At a selling price of $73 per unit, management projects sales of 20,000 units. Launching the crepe maker as a new product would require an investment of $400,000. The desired return on investment is 17%. The target cost per crepe maker is closest to:

• A)$69.60
• B)$85.41
• C)$81.43
• D)$73.00

Understand the strategies available to a firm for closing sales and profitability gaps.

Recognize the signs indicating when a strategic change is required.

Identify various types of business objectives and their focus areas.

Learn the tools and processes used in narrowing down situational assessment data for strategic planning.

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Definitions:

Tubal Ligation

A surgical procedure for sterilization in which a woman's fallopian tubes are clamped and sealed or severed and sealed, blocking the path of egg cells to the uterus.

Homosexual

A term referring to a sexual orientation where individuals are attracted to others of the same sex.

Sexuality

Encompasses sex, gender identities and roles, sexual orientation, eroticism, pleasure, intimacy, and reproduction, forming a broad spectrum of human identity and expression.

Critical Thinking

The capability to diligently and adeptly formulate, utilize, examine, integrate, and assess data to arrive at a solution or judgment.