Calculate the companys target-return price for this, Operation Management

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Calculate the companys target-return price for this

A manufacturer has invested $750,000 in a new product and wants to set a price to earn a 15 percent ROI. The cost per unit is $18 and the company expects to sell 50,000 units in the first year. Calculate the company's target-return price for this product.

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Operation Management: Calculate the companys target-return price for this

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