On 10/12/2015 11:47 AM, scott wrote:
> So you've got a total cost of $13 or $14 depending on how many
> switches you use. If you're expecting to sell a million toasters, using
> one less switch will make you $1m more profit :-)
Another way of looking at it is that if you add another switch you can
charge more. So if you increase the price of a toaster by $10 and add a
switch that cuts out one heating element to toast bagels on one side
only. For a million units you make an extra $9 million profit.
--
Regards
Stephen
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