The CMO will be responsible for producing a pricing graph. For a low cost producer strategy, the purpose of this graph is to show a low price in the market. A low cost producer strategy needs a low price because: Question 11 options: it determines how many units need to be produced for the next quarter it determines if there are any backorders, and if so how to adjust future marketing decisions to eliminate backorders it determines if the correct price point was used to compete it needs to sell a lot of units in order to meet profitability measures of success. it determines if the forecasting technique is accurate