Question 1
All of the following are typical results of value engineering except:
◦ assembling and analyzing competitor's product.
◦ setting the target cost and then designing the product.
◦ changes in material specifications to reduce costs
◦ modifications in process methods
Question 2
Block Island TV currently sells large televisions for $380. It has costs of $290. A competitor is bringing a new large television to market that will sell for $310. Management believes it must lower the price to $310 to compete in the market for large televisions. Marketing believes that the new price will cause sales to increase by 10%, even with a new competitor in the market. Block Island TV sales are currently 110,000 televisions per year.
What is the target cost per unit if target operating income is 35% of sales?
◦ $108.50
◦ $133.00
◦ $201.50
◦ $247.00
Color enhanced X ray of large malignant tumor in the right lung.
Anatomy of the large intestine
Middle adulthood can bring large-scale changes in lifestyle and interests, as illustrated by this ph
Franz Marc, Die grossen blauen Pferde (The Large Blue Horses).