Product Life Cycle Assignment Example | Topics and Well Written Essays - 750 words

Product Life Cycle - Assignment Example 1. Assumptions of the analysis were not all correct as at the time the research was carried out. Foremost is the fact that very few disposable diapers are utilized every week, on a standard basis, then reusable diapers their impact to the environment may be overstated. Secondly, even though the concerned researchers made an assumption that incineration is the most preferred alternative of waste management, this concept is not globally accepted. This, therefore, means that not everybody is in agreement with this kind of waste disposal.There is a considerable opposition that exists to the utilization of incineration which at times could prelude this option of waste management from taking over as the basic method of waste disposal. Presently, several disposable diapers are usually landfilled. This, therefore, means that the impact to the environment of disposable diapers that can be attributed to waste disposal could greatly differ from the estimates provided by the researchers. Being the leader of Arthur D.Little project team, I would not necessarily recommend any particular diaper. This is because, from the data provided, disposables use more raw materials than reusables. On the other hand, reusables consume more water and energy resources that are non-renewable. Globally it is hard to choose one diaper instead of the other. In regions where solid waste is the most burning environmental problem such as New York reusables could definitely be given a nod. Consequently, regions with water scarcity such as California, disposables, in this case, are deemed the best choice for the environment. 2. To be able to give a correct estimate of the reusable diapers’ cost to consumers, valuation of the home labor required to clean reusables should at least be at the minimum wage; since this wage rate is a representation of the lowest estimate of the incurred opportunity cost.

Module8(fom) Dissertation Example | Topics and Well Written Essays - 250 words

Module8(fom) - Dissertation Example Price skimming occurs when the introductory price is relatively high reflecting that the IPad is innovative and there is a degree of â€Å"prestige or status† attached to owning the IPad (Pride, Hughes and Kapoor 2010, p. 336). Assuming that the targeted consumers care about prestige and status, and that the cost of research and development that went into developing the IPad is high, price skimming is useful for meeting the cost of development and the needs of the targeted consumers. It will also ensure that demand for the product will not outweigh supply if supply is relatively low. Penetration pricing however may not be desirable since it assumes that there is a high supply of the product and there is a low demand. This is assumed because penetration pricing is structured around low pricing with the objective of creating market shares for the new product. It is hoped that setting low prices will discourage rivals’ entry into the market (Pride, Hughes and Kapoor 2010, p. 336). This is an undesirable approach to the introduction of a new technologically driven product as the market is filled with these kinds of products and the only way to penetrate the market is to introduce something that is new and better.