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Consider the following situation: the demand for the new YPhone is given by Q = 10,000 – 5 p where Q is the quantity demanded per day and p is the per-unit price. Note that this can be written as p = 2,000 – Q / 5. Micrap produces these YPhones at a cost of $400, and determines the wholesale price at which to sell to a retailer YurStuf. The retailer YurStuf then sets the retail price. Express the total supply chain profit (the profit of Micrap plus that of YurStuf) as a percentage of the previous scenario where Micrap was an integrated manufacturer/retailer. Hint: First plot the demand curve p = 2,000 – Q / 5. It will be a straight line with a y-axis intercept at p = 2,000 and an x-axis intercept at Q=10,000. Next, note that when the demand curve is linear, it is optimal for the firm to price half-way between its cost and the y-axis intercept (this can be proven using calculus, but you are not asked to do so). Thus the manufacturer sets the wholesale price to be halfway between its cost of $400 and the y-axis intercept of $2,000. The retailer's cost is the price charged by the manufacturer, which is the wholesale price, so the retailer in turn sets its retail price to be halfway between the wholesale price and the y-axis intercept of $2,000.
Describe the qualities you believe are necessary in an "ethical leader." Provide support for your contentions and explain why a leader should display these qualities in order to be considered "ethical" from your perspective. Then identify someone you..
There are numerous laws that regulate and affect the conduct of business. Is the law a fair way to regulate business activities. Use examples of how the law provides or fails to provide fairness in its regulation of business.
To say that the airline industry has experienced some struggles would be a huge understatement. Faced with fears over terrorist attacks and sharp rises in the price of oil, airlines have been losing money at historic rates. In 2009, only four domesti..
Demand for a product at a depot is at a constant rate of 250 unit per week. The product is supplied to the depot from the factory. The factory cost is $10 per unit, while the total cost of a shipment from the factory to the depot when the shipment..
Using an organization with which you are familiar, describe if their efforts at external scanning appear to be organized and relevant for changing strategies and goals (even small businesses tend to talk about. what if a competitor does xyz?). Do you..
identify the company of choice that will seek an expansion opportunity to an oversee area of choice. Be sure to identify the country and mode of entry.
Which rights cannot be assigned without permission from the obligor, give examples? Why do you not need permission to delegate your duty to pay money to the obligee? Explain when you would need permission? The statute of frauds requires written proof..
The concepts of dependent and independent inventory systems are very important. However, their importance is somewhat buried by the quantitative aspects of the EOQ and MRP models.
Setup cost should be treated as ordering cost and larger time unit is the month and smaller time unit is the day.
The distances in miles from the waiting taxis to the consumers are given in the subsequent table. Find out the optimal assignment of taxis to consumers so as to minimize total driving distances to the consumers.
Assume you are the human resources manager of the company that sells surfboards. Your job is vital because your employees are the main asset to your firm, since each board is hand-crafted. What information do you need from each functional area to ens..
As a department manager you have been asked to identify areas within your organization in need of change, based on the implications of the new regulatory compliance issues. Describe your approach in selecting the HMIS area first prioritized for chang..
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