Question: 1 . Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Chester to pull the product Crimp entirely
Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Chester to pull the product Crimp entirely off the market this year. Assume Chester scraps all capacity and inventory this round, completely writing off those assets and escrowing the proceeds to a settlement fund, and assume these lawsuits will have no effect on any other products of Chester or other companies. Without Chester's product Crimp how much can the industry currently produce in the Core segment? Consider only products primarily in the Core segment last year. Ignore current inventories. Figures in thousands
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