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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.
1.Supply chain dynamics can cause excessive costs and poor customer service.
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What type of contract do you think will be most appropriate in this situation and why
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You will research a company that uses supply chain management (SCM) and look at how their organizational profitability is affected by it. An explanation of how they use supply chain management
he facility manager's goal is to limit the average number of passengers waiting in line to 10 or fewer. How many screening stations must be open in order to satisfy the manager's goal? What is the average time required for a passenger to pass through..
Why is demand forecasting important for effective supply chain management - what are three measures of forecasting accuracy?
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