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Supply and Demand - Discussion
Marijuana
There is much discussion in the press about several states moving to legalizing marijuana, either for only medical purposes, or more extremely, for recreational purposes. Looking only at the economic impact (not moral implications) of such changes in the laws, discuss how the existing system of supply and demand for illegal marijuana will be changed with the new legalization.
What will happen to existing supply avenues?
Will legalization significantly change demand? How?
Would one expect prices to change significantly? How?
What would be the costs and benefits to governments, both in changes in enforcement requirements and in potential tax revenue?
200 words with reference.
Write on supply chain management and decision tools with references
Find a problem in managing operations and supply chains from the real business world (from work or from any business articles/cases) and identify specific OSCM concepts/tools that can be applied to the problem
In exercising this option, what price is Allen getting the stock for and what is the value at exercise of the option-calculate the profit or loss on this transaction.
Be sure to do an analysis of how independent and dependent models of inventory management are utilized in the firm's decision making process and how it alters them to respond to sudden changes in the market demand for its product.
Give and explain one example of a firm with an effective supply chain and one with an ineffective supply chain.
Identify the primary flows in a supply chain. Explain why there is flow in both directions and provide examples of each. Identify at least three trends that impact SCM
Prepare a recommendation for improvement and identify the impact of the change on overall performance.
Identify & discuss key supply chain management trends & evaluate their impact on future supply chain strategy & design.
What is the total annual cost
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Develop a method that will determine the optimal ordering quantities so that we maximize the gross profits and also take into account inventory holding costs.
Describes a framework to address right post-tender negotiation process based on documentation and justification of why you decided to start with PTN.
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