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The just-in-time inventory system is designed to reduce the inventory period. In essence, companies pay their suppliers to carry the inventory for them. Reducing the inventory period reduces the operating cycle and thus the cash cycle. This reduces the need for financing. Consider what type of cost is being minimized and what costs are likely to increase. Please, explain
Should those who labeled the product pink slime and questioned it unfairly be disciplined in any way? Or, is this just an example of the market at work and nothing should be done? What should Roth and his company do now? What further action should th..
q1. at the time of rusals concern primary aluminum prices were relatively high at 3600 per metric ton. at this price
Describe how the circular-flow diagram works. Name the parts of the diagram that correspond to the flow of goods and services if you were to pay $50 for a new pair of shoes at a local shop. Name the parts of the circular-flow diagram that correspond ..
Assume that the price of smart phones increased from $420 to $444 per unit. The manufacturer decides to supply 15,000 units instead of 12,000. Calculate the price elasticity of supply.
Between 1995 and 2000, the S&P 500 more than doubled as the U.S. experienced a technology-driven stock market boom. How does a stock market boom affect GDP? Your answer should include a discussion of the impact on relevant components of GDP.
The crop of hops in the Yakima Valley has been greatly affected by the recent forest fires in the state of Washington, and craft breweries in the Northwest turn to hops from Germany as a substitute for Washington hops. How would you illustrate this c..
"How has technology changed the purchasing and selling behavior?" what happened to your purchasing behavior once you adopted your smart phone, are you being more smartphonic in buying or selling items online.
Calculate the elasticity for each variable at that point and briefly comment on what information this gives you for each variable.
Three independent projects are available for a secret government agency. The estimated costs associated with each alternative are given below. Use the conventional B-C ratio method to determine which alternative(s), if any, should be selected at an i..
Consider a Bertrand model, but where the firms have different costs. Specifically, suppose that firm 1 has a marginal cost of $0.90 per unit and firm 2 has a marginal cost of $1.00 per unit. Prices must be named in increments of $0.01.
Explain why Blazo's performance from providing these services to ABC Company and other firms will decline if economic growth is reduced.
Suppose a closed economy decides to lower taxes (assume Ricardian equivalence does not hold), all else held constant. What will happen to savings, investment, and the interest rate? Show graphically what happens (be sure to label curves, axes, equili..
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