and brief description of each of these softwares. Answers:- Technologies in SCM:- 1. Enterprise Resource Planning. 2. Warehouse Management systems 3. Transportation Scheduling Systems 4. Manufacturing Execution Systems 5. Customer Relation Management 6. Order Management Systems 7. Demand Planning 8. Procurement Planning Name of the sogftwares those are available in the market 1. Enterprises Resources Planning ( ERP) A. Total ERP B. Oracle 11i ERP or Enterprise Resource
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The paintings of Chuck Close and Rembrandt bear several similarities. Both convey the realism art style‚ although Close’s painting is super realism. There are also some important differences between the paintings. The most obvious one is the color. Close’s painting is done using tones of black‚ gray and white; this gives the painting a black-and-white photograph look. Rembrandt’s painting‚ on the other hand‚ has orange and is darker. The style of the paintings tell the viewer a lot about the changing
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Demand for Corn If the demand for corn increases due to its use as an alternative energy source‚ the supply of corn substitute like soybean would decrease. This would happen because as the demand of corn rises‚ the price of corn would rise. Therefore the producers of a substitute like soybean would start producing corn instead of the soybean considering that they both have the same farmland. The producers of soybean will expect to make more profit by selling corn at a higher price assuming the cost
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Demand and Elasticity Linear demand curve: Q = a – bP Elasticity: E d = (ΔQ/ΔP)/(P/Q) = -b(P/Q) E d = -1 in the middle of demand curve (up is more elastic) Total revenue and Elasticity: Elastic: Ed < -1 ↑P→↓R (↑P by 15%→↓Q by 20%) Inelastic: 0 > Ed > -1 ↑P→↑R (↑P by 15%→↓Q by 3%) Unit elastic: Ed = -1 R remains the same (↑P by 15%→↓Q by 15%) MR: positive expansion effect (P(Q) – sell of additional units) + price reduction effect (reduces revenues because of lower price (ΔP/ΔQ)/Q)
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resources are not limited the goods and services must also be limited. Our book states that we must decide what we will have and what we will forgo. I consider that scarcity and choice is significant because essentially economics is based on satisfying wants with efficient use of these scarce resources. Rational behavior means that decisions will vary from person to person‚ so what one person may see as important may or may not be important to another. Marginalism means that in order to gain the benefit
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imagination). This has really opened my eyes‚ and will help me in my art making process in the future by showing me that there is really no topic that I’m afraid of exploring‚ since in some simple or abstract way‚ I can find interest in it. There is no need for me to be scared of topics that I haven’t explored yet‚ and no reason for me to retreat back into the familiar. Art’s definition is the lack of concreteness and innovation‚ so you can interpret any topic in whatever what you choose. I believe that
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Assignment 1 Case Study: Contract and Sale of Goods Law Vinyl film is used to make commercial signage such as billboards‚ signage on vehicles‚ and traffic signs. There are two types of vinyl film: cast vinyl film and calendared vinyl film. Cast vinyl film is considered by the industry to be a premium product with excellent durability and conformability (ie ability to stretch over surfaces with corrugations or curves). It is used when the customer wants a paint-like finish that will last a long
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CASE STUDY Use Maslow’s Hierarchy of Needs as a foundation for discussing the following four situations: Situation 1: Todd Jamison has heard a rumor that his job may be eliminated next month. His boss‚ Lucia Conti‚ is considering moving Todd to a more prestigious office in an effort to motivate higher performance in him. Situation 2: Hannah Saltzman has been with the company for twenty-five years. She makes very good money and is extremely competent at her job
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Supply and Demand Simulation Catrina McLaughlin ECO/365 November 3‚ 2013 Dennis McGuckian Supply and Demand Simulation In the ECO/365 course you are taken through a simulation‚ where you are asked to manage the supply and demand of two-bedroom apartments. The apartments are located in a city called Atlantis‚ which seems to be a very attractive place to live. The stimulation is used to provide the learner with real-life situation of how the pricing of a good or service (price ceiling) can
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I.The demand for smartphones worldwide. – The worldwide mobile phone market grew 1.9% year over year in the fourth quarter of 2012 (4Q12)‚ as the number of smartphone sales raised to levels nearly equal to those of other phones. 219.4 million units in 4Q12‚ which represents 45.5% of all mobile phone shipments‚ the highest percentage ever. On an annual basis‚ 712.6 million smartphones were shipped globally in 2012‚ which was 44.1% more than in 2011. -Top Five Smartphone Vendors‚ Shipments‚ and Market
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