What does product length mean?
Length refers to the total number of products in a firm’s product mix. For example, consider a car company with two car product lines (3-series and 5-series). Within each product line series are three types of cars. In this example, the product length of the company would be six.
Why is product line length?
Firms generally increase their product line length One of the key decisions that a firm needs to make is the length of its product line. That means, how many products varieties should the firm offer. Generally, firms look to increase the product line length – the number of similar products offered.
What is product length and width?
The width is all about the number of different product lines the company carries. The product mix length refers to the total number of items a company carries within the product lines. For instance, Colgate carries several different brands within each line.
How do you calculate the length of a product line?
The length of the product mix means total number of products within the company product lines. For example, if a company has 10 product lines and each line has 3 products, then length is (10×3) = 30.
What is product mix explain product line length in detail with example?
The length of the product mix means total number of products within the company product lines. For example, if a company has 10 product lines and each line has 3 products, then length is (10×3) = 30. Length of the product mix refers to the total number of products in the mix.
What is a product line and product mix?
A product line is one line of similar products that are sold within a company, whereas a product mix is the combined total of all the product lines sold in a company.
What is the difference between product line and product width?
The number of products in a product line refer to its product line depth, while the number of separate product lines owned by a company is the product line width (or breadth).
What is product line depth?
Product depth refers to the variation in products that a company offers within one product line. For example, if a company has a product line of potato chips that includes five flavors and three bag sizes, the product depth for the line is 15.
What is product line Width length Depth?
A product line can contain one product or hundreds. The number of products in a product line refer to its product line depth, while the number of separate product lines owned by a company is the product line width (or breadth).
What is the formula for finding the length of a line segment?
Length of a line segment formula : Length of line segment is the distance between two coordinate points in a co ordinate plane. It is showed by the units of length . Suppose there are two points (x1,y1) and (x2,y2) is. D2 = (y2-y1)2 + (x2-x1)2. This formula is simply a use of Pythagoras’ Theorem.
Does a line segment have a measurable length?
A line segment is one-dimensional. It has a measurable length, but has zero width. If you draw a line segment with a pencil, examination with a microscope would show that the pencil mark has a measurable width. The pencil line is just a way to illustrate the idea on paper.
What is product length?
Product line length. If a company has 4 product lines, and 10 products within the product line, than the length of the product mix is 40. Thus, the total number of products against the total number of product lines forms the length of the product mix.
What are product – line extensions?
Product line extensions are a process where companies with an established brand alter the factors of a product or products to satisfy a refined segment in the market.