Simple inventory model, Microeconomics

Simple Inventory Model 

Firstly, the product level initiates a demand, which generates a demand at the component level and then in turn at the raw material level. Think of an amplifier for an audio system. Firstly, the finished product. This is disassembled into its major components and in turn the major components are constructed from raw materials.

Posted Date: 3/14/2013 6:10:02 AM | Location : United States







Related Discussions:- Simple inventory model, Assignment Help, Ask Question on Simple inventory model, Get Answer, Expert's Help, Simple inventory model Discussions

Write discussion on Simple inventory model
Your posts are moderated
Related Questions
Criteria of a Good Forecasting Method: 1. Simplicity : and Ease of Comprehension: Management must be able to understand and have confidence in the techniques used compli

Supply and demand for a given type of MP3 player are given by the following equations: P=980-1.5Qd P=20+0.9Qs

How do you draw the demand curve Q = 100 - 50P and indicate which portion of the curve is elastic, which is enelastic, and which is unit elastic?

During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of

Long Waves: Longer-term periods of stagnation or growth in the economy, that can last for a decade or more and reflect broader changes in technology, politics, and international re

Market supply and Increase in supply: Market supply is the total quantity of a product that all firms in an industry are willing to offer for sale at a given market price an

discuss how a knowledge of price elasticity and income elasticity be of practical use to a firm


Distinguish among the terms of trade and the balance of trade for a country. Definition of terms of trade a) The amount of a given amount of export goods essential to buy

Prove the theory of second best with the help of a diagram