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Essay

DMC Case

Essay specific features

 

Issue:

English

 

Written by:

Shanon C

 

Date added:

September 5, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2585

 

Was viewed:

1707 times

 

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Essay content:

The company must take into consideration factors such as future market demands, market share, affects on profits (manufacturing costs and price reduction), product design and regulatory specifications, market entry timing, and effects of Hamilton's study on the demand for DMC motors. Relevant Facts: Future Market Demands: Currently there are approximately 5,500 producing wells in Northern Canada with approximately twenty-five oil companies owning fifty or more...
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According to an industry estimation, an average of 1,000 new wells will be drilled each year for the next five years. Therefore, the market for oil pumping motors should grow steadily to meet the growing demand in the next several years (>18% growth rate for next year). Timing of sales to the market is also very important since over 80% of the sales to this market were made between April and September...
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