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

Projectoverviewdevelop a microsoft excel application that

Project overview Develop a Microsoft Excel application that provides support for decision making. The application must be useful to someone, which means it needs to help someone analyze data and make appropriate decision ...

Write a paper utilizing apa formatting regarding the

Write a paper utilizing APA formatting regarding the following topic: Explain the Training and HRD process Model ADIE. 1.- The paper must be 4 pages long- not longer, not shorter. 2.- DO NOT USE .COM WEBSITES AS REFERENC ...

Write the given assignmentthe topic is develop workplace

Write the given assignment. The topic is: "DEVELOP WORKPLACE POLICY AND PROCEDURES FOR SUSTAINABILITY" Write in 250 words. Develop Workplace Policy and Procedures for Sustainability Instructions:- Recently within the org ...

Project project plan inceptionno plagiarism and has to be

Project: Project Plan Inception NO Plagiarism AND HAS TO BE ORIGINAL WORK that has never been sold to someone else This assignment consists of two sections: a project introduction and a project plan. You must submit both ...

A force 12 kn is gradually applied and then removed at the

A force 12 kN is gradually applied and then removed at the end of an elastoplastic bar. When the yield stress of the material is 100 MPa, calculate plastic strains and tip displacement after removing the applied force. U ...

Analyse all the activities mapped and assessevaluate all

Analyse all the activities mapped and assess/evaluate all these activities in order to specify and characterize their strengths and weaknesses (namely when compared to one major competitor that you should choose). Additi ...

Consider the following map1 develop two simple heuristics

Consider the following map: 1. Develop two simple heuristics to visit all highlighted squares (Travelling salesperson) travelling the minimal distance: moving one cell = 1 unit. You can only travel horizontally and verti ...

1 input for marketing information systems can come from

1. Input for marketing information systems can come from internal or external sources. Indicate two firms or companies in your city or town that might benefit from internal sources and two that would benefit from externa ...

First data collection and management find a site that has

First, Data Collection and Management: find a site that has reviews. You can use a movie's reviews, a restaurant's reviews, a product's reviews. Some sites I have used include: Rotten Tomatoes for movies, Yelp for restau ...

1 what is product positioning under what conditions would

1. What is product positioning? Under what conditions would head-to-head product positioning be appropriate? When should head-to-head positioning be avoided? 2. What types of problems does a weak product cause in a produ ...

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen