Assume that the unit cost of making one doorstop is $1.32. For every unit sole, the firm
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Assume that the unit cost of making one doorstop is $1.32. For every unit sole, the firm wants 20% to represent profit. Applying the standard mark-up approach, what should the selling price be?
Related Book For
Matching Supply with Demand An Introduction to Operations Management
ISBN: 978-0073525204
3rd edition
Authors: Gerard Cachon, Christian Terwiesch
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