Q. What is the ratio between manufacturing price and retail price?
What is the ratio between manufacturing price and retail price?
There obviously is a considerable difference in manufacturing cost and retail cost. What is the average ratio maintained by the manufacturing in between these two prices?
Asked in CategoryManufacturing
Majority of items that we utilize as a part of our daily life comes from different factories where countless products are either manufactured or processed. Huge rumbling machines working in row, one after other, provide us the resultant products. This field of work is one among few that is never going to lose existence as human needs are never going to be entirely sufficed. Revenue generated from big manufacturing companies play a major role in a nation's economy.
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