Avg. price increase
(12%+B%+C%+)/3<6% == B%+C% <6% now it's up to you to decide how to split the
price increase between two items lets say : B%=4% and C%=2% then
new B price = $10.29
new C price=$13.01
" wrote:
How do I figure out what price increases to take on my various
products when I want the average come out to 6%? One of the items is
going to take a 12% increase. Example:
Item A Units Sold YTD 1256 Current Price is $15.40 New
Selling Price will be $17.25
Item B Units Sold YTD 987 Current Price is $9.89 New
Selling Price will be ??
Item C Units Sold YTD 1500 Current Price is $12.76 New
Selling Price will be ??
etc.
My average price increase can not exceed 6%, but I need to take 12% on
Item A. How do I figure out what increase I can take on Items B, C,
etc.?
Thanks.
Chip
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