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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
DO IT!
 8-1 Krystal Water is considering introducing a water filtration device for its 20-ounce water bottles. Market research indicates that 1,000,000 units can be sold if the price is no more than $3. If Krystal Water decides to produce the filters, it will need to
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invest $2,000,000 in new production equipment. Krystal Water requires a minimum rate of return of 18% on all investments.
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Determine the target cost per unit for the filter.
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