Question
Summary of the production in Go Venture CEO? Production and Distribution Year Units to Produce Unit CostTypes of Wine Automation Trans Cost Units in Inventory
Summary of the production in Go Venture CEO?
Production and Distribution
Year Units to Produce Unit CostTypes of Wine Automation Trans Cost Units in Inventory Units Expire After Units Expired
875,000$7.50$0.50$1.00$2.001,2993 Years 0
785,000$7.50$0.50$1.00$2.003,8113 Years 0
675,000$7.50$0.50$1.00$2.005693 Years 0
565,000$7.50$0.50$1.00$2.005433 Years 0
490,000$7.50$0.50$1.00$2.009,7663 Years 0
350,000$7.50$0.50$1.00$2.006,1933 Years 0
270,000$7.50$0.50$1.00$1.0033,1803 Years 0
180,000$7.50$0.00$2.50$1.0016,8183 Years 0
Pricing
Period Selling Price Reseller Discount Revenue Per Unit Sold Cost of Goods (per unit) Profit Margin (before expenses) Industry Average Selling Price Price Score
7 $67.00 15% $56.95 $11.00 69% $72.33 100%
6 $67.00 15% $56.95 $11.00 69% $70.67 100%
5 $67.00 15% $56.95 $11.00 69% $70.50 100%
4 $67.00 15% $56.95 $11.00 69% $65.67 70%
3 $65.00 15% $55.25 $11.00 68% $67.33 100%
2 $70.00 15% $59.50 $10.00 71% $64.33 70%
1 $70.00 15% $59.50 $11.00 69% $61.67 60%
We have not had any units expire this period.
Our Inventory Carrying Costs this period are $3,248 for a cumulative total of $180,448. This means we have unsold inventory that is costing us to store.
We missed 26,516 unit sales this period because we did not produce enough product. That cost us $1,510,086 in lost revenue this period and a cumulative total of $7,583,762. We should consider producing more product if you think we may continue to miss sales. Note that missed sales may also be caused by competitors not producing enough product.
Our price seems to be low compared to competitors. That makes us less profitable on each unit sold, but may increase the number of units we are able to sell. A low price may be ok if we are targeting consumers who are price-concerned and we feel that we can sell more volume than our competitors. Raising our prices will increase our profit on each unit sold, but may reduce the number of units we can sell, depending on what our competitors are doing.
Our product Packaging is high compared to competitors. This means we may be attracting more Packaging-concerned consumers.
Our product Sustainability is high compared to competitors. This means we may be attracting more Sustainability-concerned consumers
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