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Techgig_Machine_Learning_Hackathon_Solution

Problem was to perform product analysis based on the given requirements.

  1. Develop a solution architecture for identifying the product variant which will be launched in the market for enhanced profit margin(X%), customer segmentation etc? Also detail out the estimated profit margin of the new-variant product ?
  2. What should be the selling cost of this new variant of a product considering a profit margin of X%?
  3. What should be the fixed Service Charges (this will exclude the parts cost and labour cost ) for this new variant of a product. The company will demand this charge (cost) from the Customers.?
  4. What would be the estimated service cost ? The company has to bear for servicing related expenditure (viz. repair, parts replacement etc.) for the expected service requests during warranty period of new-variant product? Warranty period should be assumed as 1 Year.

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