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Schimpf Industries Incorporated has developed a new grinder, model WC-13, that is designed to offer...

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Schimpf Industries Incorporated has developed a new grinder, model WC-13, that is designed to offer superior performance to a comparable grinder sold by Schimpf's main competitor. The competing grinder sells for $86,000 and needs to be replaced after 13,200 hours of use. It also requires $26,400 of preventive maintenance during its useful life. Model WC-13's performance capabilities are similar to the competing product with two important exceptions it needs to be replaced only after 52,800 hours of use and it requires $66,000 of preventive maintenance during its useful life. From a value-based pricing stanidpoint what range of possible prices should Schimpf consider when setting a price for model wC-13? Mutiple Choice $86,000 Value-based price $383,600 $86,000 Value-based price $344,000 $297,600 s Value-based price $383,600 $297600 Value based price $344,000

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