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  2. Markup rule - Wikipedia

    en.wikipedia.org/wiki/Markup_rule

    A markup rule is the pricing practice of a producer with market power, where a firm charges a fixed mark-up over its marginal cost. [ 1 ] [ page needed ] [ 2 ] [ page needed ] Derivation of the markup rule

  3. Markup (business) - Wikipedia

    en.wikipedia.org/wiki/Markup_(business)

    Markup (or price spread) is the difference between the selling price of a good or service and its cost.It is often expressed as a percentage over the cost. A markup is added into the total cost incurred by the producer of a good or service in order to cover the costs of doing business and create a profit.

  4. Cost-plus pricing - Wikipedia

    en.wikipedia.org/wiki/Cost-plus_pricing

    Ultimately, the $54 markup price is the shop's margin of profit. Cost-plus pricing is common and there are many examples where the margin is transparent to buyers. [ 4 ] Costco reportedly created rules to limit product markups to 15% with an average markup of 11% across all products sold. [ 5 ]

  5. List of auto parts - Wikipedia

    en.wikipedia.org/wiki/List_of_auto_parts

    This is a list of auto parts, which are manufactured components of automobiles. This list reflects both fossil-fueled cars (using internal combustion engines) and electric vehicles; the list is not exhaustive. Many of these parts are also used on other motor vehicles such as trucks and buses.

  6. Service parts pricing - Wikipedia

    en.wikipedia.org/wiki/Service_parts_pricing

    Service parts pricing refers to the aspect of service lifecycle management that deals with setting prices for service parts in the after-sales market. Like other streams of pricing , service parts pricing is a scientific pursuit aimed at aligning service part prices internally to be logical and consistent, and at the same time aligning them ...

  7. Earl Scheib - Wikipedia

    en.wikipedia.org/wiki/Earl_Scheib

    Earl Scheib Auto Painting sign, Olympic Boulevard, Beverly Hills, California, 1991 Founded by Earl Scheib (February 28, 1908 – February 29, 1992) [2] in Los Angeles in 1937, [3] the company grew quickly following World War II and by 1975 had branches in Germany and England, all company-owned, with Scheib manufacturing his own paint through a wholly owned subsidiary.

  8. Lerner index - Wikipedia

    en.wikipedia.org/wiki/Lerner_Index

    The index ranges from 0 to 1. A perfectly competitive firm charges P = MC, L = 0; such a firm has no market power. An oligopolist or monopolist charges P > MC, so its index is L > 0, but the extent of its markup depends on the elasticity (the price-sensitivity) of demand and strategic interaction with competing firms. The index rises to 1 if ...

  9. Automotive paint - Wikipedia

    en.wikipedia.org/wiki/Automotive_paint

    Robotic arm applying paint on car parts. Automotive paint is paint used on automobiles for both protective and decorative purposes. [1] [2] Water-based acrylic polyurethane enamel paint is currently the most widely used paint for reasons including reducing paint's environmental impact. Modern automobile paint is applied in several layers, with ...

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