Hello, Can you assist with the below? You are the...
80.2K
Verified Solution
Question
Finance
Hello,
Can you assist with the below?
- You are the marketing manager for Dartmouth Deodorant, a manufacturer of underarm deodorant. You are looking at introducing in Atlantic Canada a new deodorant targeted to adult men. You have the following information:
- The population of Atlantic Canada is 2,550,000
- 51.1% of the population is female
- Your contribution margin for each unit of deodorant is $1.15
- 74.5% of the population is 18 years of age or older
- The average consumer buys 7 deodorant products each year
- New product introductions in this area normally capture somewhere between 3 and 5% market share in their first year.
- 92.5% of the adult population (18 years of age and older) uses deodorant
Using the chain model of segment value how many units are you likely to sell in the first year and what will be the total contribution margin in dollars? Do some sensitivity analysis as part of your answer
Thanks,
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.