Business, 21.04.2020 15:56 Yazminwilliams2504

A chocolatier, Alain, in Belgium conducted extensive market research and focus groups, to understand the perfect chocolate for a distinct group of consumers. The perfect piece of chocolate would have a target weight of 60 grams. The voice of the specific consumers prefers a specification of +/- 2 grams. Alain has targeted a selling price of 15 Euros a piece. A box of dozen would be 150 Euros, gift wrapped for special occasions. Alain searched for a depositor that would give the most accurate fill weight, with a tight tolerance, a machine that would not only make elegant shapes of chocolate with precise caramel filling and clean impression. A confectionery machinery maker, Mod d’Art has several models. Model A costs $5,000 and could produce fill weights at average of 60.50 grams, and standard deviation of 1.5 grams. Model B costs $15,000, but with a standard deviation of 0.95 grams, with 59.95 grams average fill weight. Model C runs $25,000; this deluxe model has standard deviation of 0.60 grams, average fill weight of 60.15 grams.

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A chocolatier, Alain, in Belgium conducted extensive market research and focus groups, to understand...

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