another factor for a major mold maker to consider at quotation is the market coefficient. Each geographic location may capture a big difference in customer’s expectation, purchase power, and thus pricing. Hence, market is a relevant factor and needs to be included in quotation. Based on the level of industrialization and consumption, potential customers can be classified by region into mainland china ( mold making only), mainland China ( mold making and production), Hong Kong, Europe, Japan, and North America.
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coefficient. Regards. youtube
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