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Case Study
Select a company of your choice from either the product or service sector. Study the Manufacturing or Operating Plan. Identify as close as possible the particular Inventory Control model that was utilized. Identify the Ordering Systems that was adapted. Track the sales performance of the company for one year and summarize the Forecast Accuracy. Discuss the "short comings" of the particular models that were utilized. Recommend specific changes that should made to improve their strategic plan. The case study should be 5-7 pages in length including the cover sheet and references. Academic references are not necessary for this case study, but there needs to be at least 3 different references.
Determine the equilibrium price and quantity and explain its meaning to your chosen company. Indicate how your chosen company's management should use this information to make sound strategic decisions.
Suppose there are no other countries that demand or supply peanuts in this problem. Given the above information, find the market demand curve for peanuts if these three countries trade with one another. Given the above information, find the market su..
The demand function for a good is given by Qd = 100 + 0.01I - 5P + 3P1 where I is the average household income and P1 is the price of a related good - What is the relationship between these two goods?
What is the present discounted value of labor income at the beginning of life? What is the highest sustainable level of con- sumption such that consumption is equal in all three periods?
Two firms, i = 1,2, produce the same good. Each firm i's cost of producing quantity q_{i} is given by C_{i}(q_{i}) = q{_{i}}^{2} . The market demand is given by P_{d}(Q) = a-Q for all Q = q_{1} + q_{2}\leq a (with P_{d}(Q) = 0 for Q> a).
Show what happens to producer surplus, worker surplus and the gains from trade as workers migrate from a low- wage to a high- wage region. What happens to wages and employment if the government imposes a payroll tax on a monopsonist? Compare the r..
Sally runs a vegetable stand. She is selling 100 pounds of heirloom tomatoes per week, at a price of $3.75 per pound. If she lowers the price to $3.70, she will sell 101 pounds of heirloom tomatoes. What is the marginal revenue of the 101st pound ..
what are the uses of money? how do commercial banks and federal banks create money? is monetary policy conducted
Suppose your monthly mortgage budget is $1,650. What is the maximum price of the house that you could afford? Assume you will put 20% down payment with a 30-year fixed rate at 3.5% APR, and your annual taxes and insurance are $1,800 and $1,200 respec..
Suppose that the price of good X rises and the price of good Y falls in such a way that the consumers new optimal consumption bundle lies on the same indifference curve as his old bundle.
Write a model that explains final exam performance in terms of attendance and the other characteristics. Use s to subscript student and c to subscript class. Which variables do not change within a student?
What output will an individual firm be restricted if this price is to be maintained (assume all firms are permitted to produce the same level of output)?
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