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(Solved) : Create Bass Model Based Info Brand New Product Sales 2018 0 Total Potential Market 5000000 Q34928799 . . .

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Create a BASS MODEL, based on this info: Brand new product(Sales in 2018 = 0) Total potential market = 5.000.000 Innovatorsper year = 4% (0.04) Imitators per year = 35% (0.35) Question:1.What is the number of sales achieved ten years from now in 2028.2.Assume we need to sell at least 5000 pieces to be profitable,when should the product be taken out of the market? 3.Reflect onstrength and weaknesses of this method.

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Create a BASS MODEL, based on this info: Brand new product(Sales in 2018 = 0) Total potential market = 5.000.000 Innovatorsper year = 4% (0.04) Imitators per year = 35% (0.35) Question:1.What is the number of sales achieved ten years from now in 2028.2.Assume we need to sell at least 5000 pieces to be profitable,when should the product be taken out of the market? 3.Reflect onstrength and weaknesses of this method.

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