Question
4 components for GPx. These 4 caused the target manufacturing gap. The components and their specific costs were as follows: 1)Red and White LED bulbs
4 components for GPx. These 4 caused the target manufacturing gap. The components and their specific costs were as follows:
1)Red and White LED bulbs ($4.32)
2)The rechargeable batteries ($3.96)
3)The GPS receiver and transmitter board ($6.48)
4)USB charging cable (3.24)
Their goal was to reduce their total cost of $18 by 15%.
Outdoor enthusiast were asked to give feedback. They said the following measures were important and rated them from 1-10. 1 = not important, 10 = extremely important
1)Always have power (8)
2)Location detection and emergency transmission (10)
3)Brightness of light (7)
Product engineers determined these features came from the follow components in these %:
-The always have power feature came from the rechargeable batteries (80%) and USB Charging cable (20%)
-The location detection and emergency transmission feature cane from the GPS Receiver transmitter (90) and the rechargeable batteries (10%)
-The brightness feature came from the rechargeable batteries (15%) and the LED bulbs (85%)
Compute the relative costs and relative value for each of the 4 components:
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