According to this information, what is the value of the AA-No Frost refrigerator? What does it mean when compared to General Electric?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Arçelik Refrigerator Production Inc. manufactures various types of refrigerators. Currently, it has produced the
AA-No Frost type refrigerator and wants to do a research on its market value. The company identified its
6-person expert housewife customer and requested the valuation of the AA-No Frost refrigerator. These customers use
a similar type of General Electric refrigerator, and the General Electric refrigerator value is -0.5352 in the
valuation of this refrigerator. Values are determined out of 1000.
Weight
Function
Cost
Piece
(1.000)
Appearance and design
0,20
800
500,00
Accessory
0,30
1.000
375,00
Performance motor
0,25
850
430,00
ergonomic posture
0,10
700
250,00
Electricity use
0,15
650
300,00
According to this information, what is the value of the AA-No Frost refrigerator? What does it mean when compared to
General Electric?
Transcribed Image Text:Arçelik Refrigerator Production Inc. manufactures various types of refrigerators. Currently, it has produced the AA-No Frost type refrigerator and wants to do a research on its market value. The company identified its 6-person expert housewife customer and requested the valuation of the AA-No Frost refrigerator. These customers use a similar type of General Electric refrigerator, and the General Electric refrigerator value is -0.5352 in the valuation of this refrigerator. Values are determined out of 1000. Weight Function Cost Piece (1.000) Appearance and design 0,20 800 500,00 Accessory 0,30 1.000 375,00 Performance motor 0,25 850 430,00 ergonomic posture 0,10 700 250,00 Electricity use 0,15 650 300,00 According to this information, what is the value of the AA-No Frost refrigerator? What does it mean when compared to General Electric?
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