As product diversity and direct costs increase, it is usually best to switch away from a ________ cost system and move to a ________ cost system

Radox, a luxury watch brand, identifies a market segment that is willing to pay premium prices for its watches, and Radox managers select an ideal selling price. Managers then determine the costs to create watches that meet the ideal selling price

The company's pricing approach is referred to as ________. A) mass production B) cost-plus pricing C) target costing D) value-added pricing E) target return pricing

Using the factor ratings shown below, determine which location alternative should be chosen on the basis of maximum composite score

Location Factor Weight A B C Easy access 0.15 86 72 90 Parking facilities 0.20 72 77 91 Display area 0.18 86 90 90 Shopper (walking) traffic 0.21 94 86 80 Neighborhood wealth 0.16 99 89 81 Neighborhood safety 0.10 96 85 75