Please I need help coming up with answers for this question:

The following company is looking try a new business model, they are leaning towards low cost of product business model. The low cost of product will be from the manufacturing and supply aspect not the pricing aspect of the business. They do not intend to lower the cost of their product to their consumers. Currently the company is offering their product at a price of $599 for the first 100 customers after the price goes up to $999.

* Currently the CEO has to make the hard decision between producing locally (expensive but responsive manufacturing service) vs. in Mexico (cheaper but harder to manage). Supply chain snag does create a headache for him. So low cost can be either low manufacturing cost, or low component cost.

Question:

1. They need to know the advantage and disadvantage of choosing this business model.

2. Cost benefit analysis of going with this business model

I have included link to the company page in case you need more info. https://annaboto.com/