Beancounters™ manufactures coffee bean grinders It wants to reduce the cost of one of its most popular models. It received customer feedback on this models key features as listed below: Feature 1-10 pt Scale % from Component Grinding Speed 8 100% Motor Grinding Accuracy 10 20% Motor 30% Blade Assembly 50% Electronic Control Unit Ease of Cleaning 7 30% Blade 70% Canister Settings Menu Easy to Use 9 100% Electronic Control Unit If the total cost of the grinder is $35.00 and the cost of the Blade Assembly is $8.00, what is the value index for the Blade Assembly and what is the management action to be taken as a result? Group of answer choices a) 1.52; Enhance the feature and its cost b) 0.656; Reduce its cost c) 1.03; No
Beancounters™ manufactures coffee bean grinders It wants to reduce the cost of one of its most popular models. It received customer feedback on this models key features as listed below: Feature 1-10 pt Scale % from Component Grinding Speed 8 100% Motor Grinding Accuracy 10 20% Motor 30% Blade Assembly 50% Electronic Control Unit Ease of Cleaning 7 30% Blade 70% Canister Settings Menu Easy to Use 9 100% Electronic Control Unit If the total cost of the grinder is $35.00 and the cost of the Blade Assembly is $8.00, what is the value index for the Blade Assembly and what is the management action to be taken as a result? Group of answer choices a) 1.52; Enhance the feature and its cost b) 0.656; Reduce its cost c) 1.03; No
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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