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Problem 1
a. Define ERP. Explain the terminology related to ERP.
b. How ERP evolved in a system?
a. Definition.
>>Description on point of sale, MRP-I, MRP-II, EAS, some important things on enterprise in large organisations
b. ERP before and After
Problem 2
a. Compare between conventional organization system and E-enterprise.
b. List the different business models and one example each.
Conventional Organization Design
e-enterprise
A monopoly has a total cost function of C(Q) = 8Q and faces a market demand Q = 100 ? 2p, (a) calculate the deadweight loss; (b) The firm now spent an amount equal to half of
Explain how inflation unemployment trade-off is not feasible under adaptive expectation.MEC002
Use the following general linear demand relation: Qd = 680 - 9P + 0.006M - 4PR where M is income and PR is the price of a related good, R. If M = $15,000 and PR = $20 and the suppl
A budget deficit is defined as: A. accumulated surpluses minus accumulated deficits. B. a shortfall of revenues compared to expenditures. C. accumulated deficits minus accumulated
Determine the example of Currency inside banks is not money An example may also illustrate this important fact: Eric has 100 euro - this amount is obviously part of the
What is crowding out?
If the price of DVD players decreases, we can expect that the demand for DVDs will: a. increase. b. be unaffected. c. shift left. d. Decrease
A telemarketer makes six phone calls per hour and is able to make a sale on 30 percent of these contacts. During the next two hours, find: A) The probability of making exactly four
Assume a market with demand Q = 16p^(--2) that is supplied by a monopoly with costs C(Q) = 6 + Q2/8. 1. Calculate the equilibrium price, output and monopoly profits. 2. What
Critically examine Say''s law of market
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