...Methods for price analysis performed in several other methods. Such as, comparison of proposed prices in received in response to the solicitation, however this method of comparing offered prices and arrange based on bid prices. As a general rule, we should expect offered price to almost close but not the same, if price competition has been occurred. The range of the prices will add confidence that the lowest price offered is reasonable. Moreover, people have to be careful when they are using comparison with other prices offered as the price analysis method. The government is required to point out apparent mistakes to offerors if it has reasonable basis to suspect they are present. This requirement does not obligate the government to conduct a painstaking examination of every offer to every detail. In addition, they are basically consequences of their own error. For instance, it is deliberately take advantage of a known or suspected mistake to entice into the contract which is actually underpriced. Mostly, comparison of competitive bids with each other is the best of all the price analysis techniques when conditions are right for use. There must be at least two independent offers. Comparison to prior prices this method is one of the most method used for government price analysis. It is useful when agency had a history of contracting for same product of the service. For purposes the pricing history and current low bid prices is the same product. When we are comparing the...
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...Methods for price analysis performed in several other methods. Such as, comparison of proposed prices in received in response to the solicitation, however this method of comparing offered prices and arrange based on bid prices. As a general rule, we should expect offered price to almost close but not the same, if price competition has been occurred. The range of the prices will add confidence that the lowest price offered is reasonable. Moreover, people have to be careful when they are using comparison with other prices offered as the price analysis method. The government is required to point out apparent mistakes to offerors if it has reasonable basis to suspect they are present. This requirement does not obligate the government to conduct a painstaking examination of every offer to every detail. In addition, they are basically consequences of their own error. For instance, it is deliberately take advantage of a known or suspected mistake to entice into the contract which is actually underpriced. Mostly, comparison of competitive bids with each other is the best of all the price analysis techniques when conditions are right for use. There must be at least two independent offers. Comparison to prior prices this method is one of the most method used for government price analysis. It is useful when agency had a history of contracting for same product of the service. For purposes the pricing history and current low bid prices is the same product. When we are comparing the...
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...Stock Price Analysis For each organization, it is very important to consider and review the stock price analysis. Here, the stock price analysis of the organizations Amazon and Ebay shall be carried out. In relation to the stock price analysis, the analysis of the stock prices shall be reviewed from January 1, 2010, 2011 and 2012 and in addition to this, the stock price analysis for the organization shall also be considered regarding the stock price of the organization since the date of its incorporation. The graph showing the changes in the stock prices of the organizations is provided below (Yahoo Finance, 2014). The chart given above shows the changes in the stock prices for Ebayfrom January 1,2010, January 1,2011 and January 1,2012. These charts show the information that, the organization has been in a position to enhance its stock prices since the date of incorportation. So although the stock price has increased since being incorporated, it hasn’t been a substantial increase amount. Based on this chart, it can be said that, the stock price of the Ebay has definitely grown since the date of its incorporation till the present date, but the growth has been small yet. Though, the increase has not been a significant change, the organization has made sure that, it carries out its activities in the most appropriate manner without any kind of problem or issue for it. In relation to the Amazon, the stock prices shall be analyzed as well.. At the time of incorporation stock...
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...Navigation System Price Analysis Strayer University BUS315 Cost and Price Analysis Professor Stephen Bartorillo May 4, 2015 Price Analysis The primary costs being considered by Bickham Services Unlimited for the pricing strategy of the HSNS-P1 is the cost of manufacturing. In our case the cost of manufacturing is very high because the raw materials required, such as the unmanned, manned systems, aircrafts, space systems and other technological materials required, are too expensive. Also we need highly skilled and technical professionals for the manufacturing process to be directly involved in monitoring and manufacturing the system. The administrative cost are the most important expense because it aids the production of the drone navigation system as it covers the extra costs that come up. Consideration of our products cost will be essential for effective pricing. Inventory evaluation has to be made in order to determine the required inventory needed for manufacturing the HSNS-P1 unit. Unit costing will aid in the determination of appropriate cost of the final product (April 30, 2015, blog.cordiars.website). Transportation costs of the required raw materials will be included in the pricing. This is because we will need to import some highly sensitive materials for the manufacturing process. The price analysis was conducted based on: * Competitive proposals where price is not part of the proposal * Small purchase with documented published price lists from selected...
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...Monsanto Place and Price Analysis Fundamentals of Marketing and Sales BUS3030 Pamela Vest PLACE Distribution Channels Monsanto, an agriculture company, creates, produces, and provides genetically modified seeds to farmers around the world. With the issues of agriculture, Monsanto is working to produce more, conserve more, and improving lives (Monsanto, 2014). As the world’s population grows and not enough of land suitable for agriculture, farmers must produce more. Farmer’s crops yield more, and are reducing water, nutrients, and energy by using the Monsanto seeds. Monsanto creates genetically modified seeds in labs, by taking two good parents and breeds them to produce an offspring plant that is suitable for a certain agricultural area. With manufacturing plants, seed production facilities, and research centers scattered around the world, Monsanto distribution channels are focused around the geographic area near these facilities. Monsanto produces the seeds in their plants and must produce and distribute enough to meet the weekly high demands of farmers. With the precise timing the production and distribution plans due to the high demand, make for a more credible business approach. Monsanto manufacturing plants lack the storage spaces for the seeds, resulting in Monsanto having to use Public Storage facilities. Once at the public storage facilities, seeds are then delivered to distributor warehouse, and then they are delivered to retailers, whole sellers, trade...
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...Pondering Price Promotion On November 6, 2006, the vice president of marketing of Culinarian Cookware (Culinarian), Donald Janus, and the senior sales manager, Victoria Brown, met to discuss whether or not the company should offer a price promotion for the company’s line of premium cookware in the coming year. These two executives had very different views on the value of a price promotion and the role it could play in the company’s marketing strategy. Janus expressed his opinion first: Brown knew that Janus was determined above all else that Culinarian should remain known as a high-quality product and an elite brand—“an American icon” was Janus’s term—and that all good things would flow from that status. He grew wary when he perceived, rightly or wrongly, a hint of a threat to that status. Still, Brown was obliged to be candid. She said: Do No I believe we need to be bolder with our price promotions. The number one complaint that my sale force hears from the trade accounts is the lack of consistent and meaningful price discount events. Providing a 30% discount promotion will increase commitment and support from the trade and will boost our overall brand awareness. It’ll also provide us with new customers who would otherwise not purchase because they feel the suggested retail is too high and encourage current customers to immediately purchase additional pieces. And yes, I think if the data in the consulting study is re-examined, you’ll see the 2004 price promotion...
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...Regression Analysis for Determining the Price of Alcan Stock [pic] Jason Scott May 1, 2006 Introduction In this project, we have developed a model using stepwise regression to predict the price of Alcan’s stock, based on the impact of eight independent variables on the price of Alcan’s stock. The company’s stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol AL. Of the eight variables we will be looking at, we are most interested in the impact that the price of aluminum has on Alcan’s stock. Alcan is the second largest producer of aluminum in the world, and may be one of the purest plays on aluminum, given that Alcan spent the mid 1990’s spinning off all operations not involved with the production of aluminum. If any company would reflect the impact of the change in aluminum prices, it would be Alcan. Additionally, we have a keen interest in this field as both of us are employees of a company recently spun-off from Alcan. The eight independent variables that we chose for our analysis, and our reasons for choosing them, are detailed below. Definition of Variables Dependant Variable Alcan (ALCAN) The dependent variable for our model is the monthly stock price of Alcan. Alcan is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol AL. The stock price is collected daily and these daily numbers are averaged together to give one monthly value. We have collected the monthly...
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...WTI-Brent Spread An Analysis of Factors That Influence Oil Price Differentials Yiming Huang Dongming Li Hanzheng Li Shihui Qian Fordham University Financial Econometrics I December 17, 2015 WTI-BRENT SPREAD 2 Contents Abstract ......................................................................................................................................................... 3 1 Introduction ........................................................................................................................................... 3 2 Factors ................................................................................................................................................... 4 2.1 Dependent Variable ....................................................................................................................... 4 2.2 Independent Variable .................................................................................................................... 5 2.2.1 Financial market variables ........................................................................................ 5 2.2.2 Economic Variables .................................................................................................. 7 2.2.3 Underlying Assets Variables..................................................................................... 7 2.2.4 Weather Variable .....................................................
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...involved in the active conversion of materials into finished products. Indirect labor cost would include production supervisor, purchasing staff, materials handling staff and materials management staff. The cost of both types of indirect labor can be fully loaded with the costs of benefits and payroll taxes for financial analysis or cost accounting purposes, since these additional costs are closely associated with the indirect labor positions (Adams, 2014). Direct material cost is the cost of important materials that are used in the manufacture of a product or used in providing a service. Direct material costs are definitely identifiable to the contract. The concept of estimating direct materials costs is very straightforward. It consists of determining what is needed, how much is needed, and figuring the cost of the components Types of direct material cost VectorCal would be associated with is timber, steel, and circuit boards. To determine the amount of direct materials cost in a product, create a bill of materials, which specifies the quantity of each raw material item and component included in a product. Then assign a standard cost to each item, based on recent prices paid for...
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...Price of cocoa What are the drivers that increase the price of cocoa? 1.1. The demand The demand growth for chocolate increases the price of cocoa, which is chocolate's main ingredient. Demand for chocolate increased by 20% between 2002 and 2011, as measured by chocolate product consumption (ICCO cocoa market review Jan 2012). Increased standard of living in India and China is increasing the demand for chocolate products, which used to be considered an elite luxury item. The massive population in these countries is driving up the demand for chocolate and increase the price of cocoa. Between the years 2002 and 2012 the growth of consumption of chocolate products has been varying between 15 – 20 per cent annually. 1.2. Status in Africa The general world’s and UN’s attention is targeting to act against child slavery and general working conditions in African nations. The recent examples from West Africa are suggesting the situation is improving, but Ivory Coast example from 2009-2010 demonstrates the fact that the majority of world’s cocoa is produced in unstably ran nations where human rights are not respected and general stability is poor. When workers in Africa will receive proper wages and working conditions, African production costs will increase, and raise cocoa prices. 2.13 Crop and Harvest The crops which are smaller than expected in cocoa producing countries will lower the supply of chocolate. World chocolate consumption is increasing, so the price of cocoa...
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...Association, the price of garlic has increased drastically to RM 8-9 from RM3 per kg in Penang and RM 8-9 from RM 4 per kg in Klang Valley. The cause of shortage of supply is mainly due to the bad weather in China.There has been a drop of 30% in production of garlics in China. Many suppliers in Malaysia would stop importing garlics from China as the price was increasing rapidly around that time. Therefore, they would rather wait until the price back to normal before importing again. Furthermore, they need to set up some new facilities to maintain the freshness of garlic during the period of limited supply of garlic which also increase the input cost. Introduction A rise in the price of goods will affect the quantity demanded of goods in the market. Quantity demanded is the amount of a good that buyers are willing and able to purchase. Also, the law of demand claims that, other things equal, the quantity demanded of a good falls when the price of the good rises. So, when the price of the good itself varies, the demand will not shift in a parallel manner, yet it shifts along the demand curve. Besides, a curve shifts when there is a change in a relevant variable that is not measured on either axis. For example, a bad weather can cause a reduction in supply of goods to suppliers.This can lead to a decrease in supply. Therefore, it shifts leftward, leading to a rise in price. Analysis For example, the price of the garlic...
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...Price Waterhouse Coopers Organizational Behavior Name: Institution: Introduction The primary center of the lead research was to discover the relationship in the middle of employees and management in admiration to inspiration at Price Waterhouse Coopers . From the online investigation of workers conduct and management meeting, it got observed that there was a potential hole in inspiration. This hole was a separation in the middle management and employees. Employees' perspective was unique in relation to that of the chief, in which they regularly obliged an instrumentality a prize or a reward to enhance an individual's performance. Most employees didn't take working at Price Waterhouse Coopers as their future occupation for different reasons. Price Waterhouse Coopers faces several organizational behavior challenges. However, solutions to these challenges can be provided to better the company. Organizational Behavior Challenges Improving People Skills: Unless employees and officials are prepared to have the obliged skills to adjust those progressions, the set objectives can't be accomplished within the set deadline. There are two separate classifications of skills, which include managerial and specialized skills. Innovative, structural, and ecological progressions, are quickened at a faster rate good to go afield. For managerial skills, they incorporate listening, arranging and sorting out, rousing, heading, critical thinking, and choice making skills...
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...Summary of Mr Price Group Mr Price Group, South Africa, was established in 1987, however its roots date back to 1885 since the days of John Orrs. The main business is to sell clothing, footwear, sportswear, sporting goods, accessories and homeware. The group is recognised as a “Fashion Value Retailer” and consists of the following stores: Mr Price Mr Price Sport Mr Price Home Miladys Sheet Street The Group is recognised as one of the fastest growing retailers in South Africa. Their turnover is in excess of R10bn across their 937 stores within Southern Africa. They also have another 24 franchised stores within Africa. Their main focus is categorized into three main segments namely: Apparel segment, retails footwear, sportswear,...
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...305Proposal Evaluation (Techniques) 1. Technical Analysis 2. Cost or price analysis 3. Past Performance Proposal Evaluation an assessment of the proposal and the offeror's ability to perform the prospective contract successfully. Price cost plus any fee or profit applicable to the contract type Who Performs technical analysis subject matter experts (SME) or DCMA: says anyone who has specialized knowledge of product or service. Why Proposal Analysis to ensure that the final agreed-to price is fair and reasonable Fair and Reasonable Price Price a prudent and competent buyer would pay in a similar business situation Price Analysis the process of examining and evaluating a proposed price without evaluating its separate cost elements and proposed profit. WHEN CERTIFIED COST IS NOT REQUIRED. Cost analysis review and evaluation of any of the separate cost elements and profit or fee in an offeror's or contractor's proposal as needed to determine a fair and reasonable price or to determine cost realism.USED WHEN CERTIFED COST IS REQUIRED. Cost Realism Analysis the process of independently reviewing and evaluating SPECIFIC ELEMENTS of each offeror's proposed cost estimate to determine whether the estimated proposed cost elements are realistic for the work to be performed; SHALL be performed on COST REIMBURSEMENT MAY be performed FIXED PRICE INCENTIVE CONTRACTS. or Fixed Price contracts when contracts with new requirements may...
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...Pricing Analysis Paper 1 Week 8 Pricing Analysis Paper Brian Newman Business 626 Dr. Mohammed Nadeem June 4th, 2012 Pricing Analysis Paper 2 Table of Contents Executive Summary………………………………………………………………………………………………………………..3 First Data Set……………………………………………………………………………………………………….…………………4 Second Data Set………………………………………………………………………………………………….………………….6 Future Scenarios…………………………………………………………………………………………………………………….7 Summary………………………………………………………………………………………………………………………………..8 Referances…………………………………………………………………………………………………………………………………………..9 Pricing Analysis Paper 3 Executive Summary BCN Corporation has launched the first ever to market pre-packaged performance management recognition and reinforcement system for line level organizational leaders. This innovative approach to prioritizing KPI’s and recognizing successes as well as offering a dashboard to senior leaders is expected to garner significant demand in the early stages after launch. BCN marketing and project teams have posed the following scenarios in effort of preparation for fluctuations in volume, costs, and demand. Pricing Analysis Paper 4 First Data Set When determining the maximum profit price for the first posed scenario (14,000 and 23,000 quarters 1 and 2 reduction in price 2nd quarter as loss leader to garner awareness) first we must look at the optimal profit producing quantity to produce. At peak revenue of $348,000 and peak profit of $228,000 we find ourselves at 12,000 units. At this optimal...
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