Question: Q 8 . 9 ( Mango Electronics Inc. ) Mango Electronics Inc. is a Fortune 5 0 0 company that develops and markets innovative consumer
QMango Electronics Inc. Mango Electronics Inc. is a Fortune company that develops and markets innovative consumer electronics products. The development process pro ceeds as follows.
Mango researches new technologies to address unmet market needs. Patents are filed for products that have the requisite market potential. Patents are granted for a period of years starting from the date of issue. After receiving a patent, the patented technologies are developed into marketable products at five independent development centers. Each product is only developed at one center. Each center has all the requisite skills to bring any products to market a center works on one product at a time On average, Mango files a patent every months with a standard deviation of months The average development process lasts months with a standard deviation of months
What is the utilization of Mangos development facilities?
Howlongdoesittakeanaveragetechnologytogofromfilingapatenttobeinglaunched in the market as a commercial product?
HowmanyyearsofpatentlifeareleftforanaverageproductlaunchedbyMangoElectronics?
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