Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need Help with Markstrat simulation, I read the manualbut I still cannot understand I would like to know to start themarketing Mix correctly. The

I need Help with Markstrat simulation, I read the manualbut I still cannot understand I would like to know to start themarketing Mix correctly. The values need to be changed in order tomaximize productivity and value. Justify your answerplease
 image

Brand MOVE was launched in the Sonites market before Period 0. MOVE will be based on R&D project POMOVE in Period 1. Production Enter here your production plan in Units for MOVE. 79,380 units of MOVE were sold during Period 0. There are 620 units of brand MOVE available in your inventory. 100,000 Units Price Specify the recommended retail price in $ at which you wish to sell brand MOVE. This is the list price for consumers. This price was 500 in Period 0. $ 500 $1000 $750 $500 $250 $0 MOVE Competitor price evolution MOVE ROLL ROLL 500 Sales, Production and Inventory (thousands of units) -SOLO TOPS Period 0 Units sold Production Inventory at end of period. Unit Margin Recommended Retail Price Average Retail Price Average Distribution Margin Average Selling Price Estimated Unit Transfer Cost Unit Margin 79 80 MOVE 500 486 186 300 142 158

Step by Step Solution

3.55 Rating (165 Votes )

There are 3 Steps involved in it

Step: 1

Markstrat is a marketing simulation software which offers students and professionals a riskfree plat... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Statistics For Contemporary Decision Making

Authors: Black Ken

8th Edition

978-1118494769, 1118800842, 1118494768, 9781118800843, 978-1118749647

More Books

Students also viewed these Accounting questions