Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Project Management Expert

Shoe-tek, Inc. is a foremost manufacturer of running shoes. With baby boomers getting older, they found that there is a potential market in shoes specifically developed for walking rather than running. Market research recommends that walking shoe market will be $100 million and Shoe-tek could capture 20 percent of this market as its strong brand. Though, it is evaluated that 10 percent of Shoe-tek's current sales of running shoes are already being used by baby boomers for walking. If Shoe-tek introduces walking shoe, half of these consumers would switch ferom Shoe-tek's running shoe to walking shoes. Shoe-tek has already spent $10 million on R&D for its running shoes and could leverage this and manufacture completely new walking shoe for extra $1 million in R&D. Shoe-tek would also require to create extension to their warehouse to accommodate extra materials and inventory. This extension would cost $1 million. If annual revenues for Shoe-tek total $80 million, determine the amount to use as annual sales figure when estiamting this project? describe why?

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M933028

Have any Question? 


Related Questions in Project Management

Exercise 1bullindividual homework for next class

EXERCISE 1 • Individual homework for next class (Formulation) + Solution with graphical method • In a radio chain there are two stations, one in FM and one in AM. The FM station daily broadcasts 6 hours of rock, 2 hours ...

Type of assessmentthis summative assessment will enable

Type of Assessment This summative assessment will enable your Assessor to make a judgement of competency based on the submission of your completed assignments against the requirements of this unit of competency. Hints: - ...

Paper-the term paper should be 6-8 pages and turned in on

Paper:- The Term Paper should be 6-8 pages and turned in on safe assign. If you have graphs or pictures it should run longer. Double space using Ariel font 12 pt with normal or narrow margins. List your sources in a form ...

A force is gradually applied at the end of an elastoplastic

A force is gradually applied at the end of an elastoplastic bar such that it is in the plastic phase. When the total magnitude of strain is ε ¼ 0.003, calculate the applied force, axial stress, elastic strain, and plasti ...

Adding media to a presentationwe certainly live in a

ADDING MEDIA TO A PRESENTATION We certainly live in a "multimedia" society, in which it's often easy to present and receive information using a variety (multi) of media. Presentation tools such as Microsoft's PowerPoint ...

Wite the given paper in proper englishassignment

Write the given paper in proper english. Assignment : Inappropriate Behavior Marwan has worked at Studio Five Theme Park as a character actor portraying a swash-buckling pirate. He does not have an employment contract. H ...

Project management assignment1 the following table shows

Project Management Assignment 1) The following table shows the allocation of work assignments and resources needed for an investment firm to make a decision on investing in company XYZ.   Task A Task B Task C Prtfolio Ma ...

Part 1this part of the paper requires you to apply your

Part 1 This part of the paper requires you to apply your understanding of project management as a whole through the following scenario. Scenario Assume you've started a small, one-person project management consulting fir ...

Instructions discuss the following belowcase study choose

Instructions: Discuss the following below. Case Study: Choose Your CGI Darius is the project manager of a Web development team for a mid-size corporation. Theteam needs to choose a CGI technology for the company's new pr ...

Analyze the importance of internal and external

Analyze the importance of internal and external sustainability audits in corporate sustainability. When should organizations catch their errors? Identify a well-known organization (or a not so well-known one) that has be ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro