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Schimpl hdustries incorporated hes developed o new grinder, medel WC-13, that is designed to offor superior pertormance to a comparable grindet sold by Schimprs main

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Schimpl hdustries incorporated hes developed o new grinder, medel WC-13, that is designed to offor superior pertormance to a comparable grindet sold by Schimprs main compettos. The competing grinder selis for $92,000 and needs to be replaced ather 28,600 hours of use. it also tequires $57,200 of prevertive maintenance duating ins useful life. Model we-t3's performance copabilities are similar to the competing product wath two impertant exceptions -it needs to be replaced ony ather 14.400 houts of use ond it iequires $143. poo of prevertive maintenance during its useful ste. From a value-bsed pncing standpoint what range of possible prices should Schmpt consider when setting a price for model wC-13

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