Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

IN-CLASS EXERCISE # 8 07.04.2020 Tuesday 12 Please show your calculations 1) The table given below shows three aspects of product performance that customers seek

image text in transcribed
IN-CLASS EXERCISE # 8 07.04.2020 Tuesday 12 Please show your calculations 1) The table given below shows three aspects of product performance that customers seek in USB Flash Drives. The product performance ratings are shown for Turbo and its competitors. Relative Importance Business Rating (Turbo) Competitor A Competitor B Competitor Storage Transfer Speed a) What is the relative advantage score of Turbo for storage? (20 points) b) What is the relative advantage score of Turbo for transfer speed? (20 points) c) Calculate the overall product performance index for Turbo, if the relative advantage score of Turbo for price is 10. (10 points) d) What could be the performance rating of Competitor for Price? (10 points - you need to point out all alternative ratings to get full point) 2) A Consumer Reports study about the cordless vacuum cleaner brands reports that the average price of all brands tested in the study is $475. CleanFlex is a cordless vacuum cleaner which has a relative performance score of 115. If CleanFlex's perceived customer value is 35, calculate the price of CleanFlex? (40 points) IN-CLASS EXERCISE # 8 07.04.2020 Tuesday 12 Please show your calculations 1) The table given below shows three aspects of product performance that customers seek in USB Flash Drives. The product performance ratings are shown for Turbo and its competitors. Relative Importance Business Rating (Turbo) Competitor A Competitor B Competitor Storage Transfer Speed a) What is the relative advantage score of Turbo for storage? (20 points) b) What is the relative advantage score of Turbo for transfer speed? (20 points) c) Calculate the overall product performance index for Turbo, if the relative advantage score of Turbo for price is 10. (10 points) d) What could be the performance rating of Competitor for Price? (10 points - you need to point out all alternative ratings to get full point) 2) A Consumer Reports study about the cordless vacuum cleaner brands reports that the average price of all brands tested in the study is $475. CleanFlex is a cordless vacuum cleaner which has a relative performance score of 115. If CleanFlex's perceived customer value is 35, calculate the price of CleanFlex? (40 points)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Managerial Accounting Tools For Business Decision Making Wileyplus Lms Student Package

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

8th Edition

1119390249, 978-1119390244

More Books

Students also viewed these Accounting questions

Question

Evaluate employees readiness for training. page 275

Answered: 1 week ago