paraphrase a paragraph (120 words) need to be done in one hour
Optimization analysis aims at optimizing the average costs to deliver customer
value through improvement in quantitative measures. This includes minimization of
total cost and inventory investment and maximization of sales, profits, and return on
investment. On this aspect, optimization integrates both variable cost sensitivity with
price sensitivity to determine the recommended targeted market size for the next cycle.
The price sensitivity analysis of variable costs and price determines the level of
customers' responsiveness in terms of consumption due to changes in price. We apply
Solver function to achieve the optimized market research prices and the targeted
market size recommended in order to increase profits before tax. The profit before
taxes will be increase to $695,616. The targeted market size recommended for next
cycle is 15.54%, 17.32%, 11.60%, 13.00%, 13.18%, 41.52%, 58.48%, 14.68%, and
14.68%. After consideration, we retain the
original prices and replaced new targeted market size only for year one.