Name the four major categories of cost of quality(COQ)?
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Name the four major categories of cost of quality(COQ)?
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- What would the Sp value be?Cannibalization Analysis The "Bare Bone" model has a list price of $2.99. UVC is $1.50 and projected sales for the year is 2,000,000. "Bill" retails for $3.99 with a UVC of $1.79 and has a sales forecast of 500,000. Projected first year sales of "Bodacious Bill" is 1,000,000 units. Fixed costs to enable insertion of audio sound effects for "Bodacious Bill" will be $2M for the first year. The "Bodacious Bill" will have a 50% markup on the breakeven price. Unit cost (breakeven price) = unit variable cost + (fixed cost/# of products produced). List (markup) price = unit cost * (1+ desired % markup on the retail price). Unit variable cost, including technical parts, add up to $4.99 What would be the list price on Bodacious Bill to break even? 50% of first year sales would be incremental. Of the remaining volume, 80% will be cannibalized from "Bill" sales and 20% would be offset with "Bare Bone" volume.Explain the relationship between cost and quality. How does one effect the other?
- Cost of quality”. Discuss and explain how it would be achieved for a company.Value Proposition at Brenco GPS Security Solution A value proportion defines the product or service that an enterprise is producing with the aims at resolving customer pain or fulfilling a need of a customer segment. Brenco is a security and GPS service providers, reputable in the deployment of digital tracking devices. Brenco has proposed to produce and distribute a small GPS tracking device that you can attach to your bicycle, cars, luggage or other valuables and in the event of loss of theft it will locate the items. The value proposition we offer is the ability to track your valuable objects. Requires: As a senior business analyst at Brenco, you are required to identify and explain the set of features embedded in the value proposition of GPS tracking deviceIllustrate the characteristics of product quality?