Based on this general overview, the assignment requires answering the following questions. The format of your presentation should be based on the description given in the document titled General Information and Requirements for Assignments. Briefly, your submission must be highly professional and well-written. Following the instructions described in that document is extremely important and your grade will be based on presenting your assignment using this format.

1. Describe your product and its characteristics (What is it, how is it used, what is the competitive landscape for your product, what are the current market prices, etc.). I emphasize that you are the one who knows the most about your product. Therefore, if any description or estimation does not conform to common sense, it indicates that you are not familiar with your product and with the assignment. Your estimation of the demand parameters should be based on this description.