Macroeconomics‚ (Hubbard/O’Brien) Chapter 24 Aggregate Demand and Aggregate Supply Analysis 1) The static aggregate demand and aggregate supply curve model helps explain A) short term fluctuations in real GDP and the price level. B) long term growth. C) price fluctuations in an individual market. D) output fluctuations in an individual market. 2) The aggregate demand curve shows the relationship between the ________ and ________. A) inflation rate;
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Facility Layout • • • • Types of Facilities Site Selection: Where to Locate Global Supply Chain Factors Location Analysis Techniques Prof N. Balasubramanian Facility‚ Capacity‚ Planning - MMS I 1 Types of Facilities • Heavy-manufacturing facilities – large‚ require a lot of space‚ and are expensive • Light-industry facilities – smaller‚ cleaner plants and usually less costly • Retail and service facilities – smallest and least costly Prof N. Balasubramanian Facility‚ Capacity‚ Planning
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UNIT – 3 CAPACITY PLANNING CONCEPT: Capacity simply means the ability to hold‚ receive‚ share or accommodate. It is a productive capability or a facility. Capacity is a critical consideration for long term strategy. It is generally measured in volume of output per unit of time. Capacity is the limiting capability of a productive unit to produce within a stated time period‚ normally expressed in terms of output per unit of time. So‚ capacity is the maximum productive capability.
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outstanding liabilities. Disadvantage: The company will increase its debt. 2. Improve all residential lots and the area around the vicinity of the property and add compound facilities. This can be achieved through finishing the highway road leading to the site and adding amenities such as recreational facilities‚ clubhouse‚ etc. Advantage: More buyers will be encouraged to buy residential lots since everything they need are already in one place‚ thus‚ increasing the revenue. Disadvantages:
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Planning means looking ahead and chalking out future courses of action to be followed. It is a preparatory step. It is a systematic activity which determines when‚ how and who is going to perform a specific job. Planning is a detailed programme regarding future courses of action. It is rightly said “Well plan is half done”. Therefore planning takes into consideration available & prospective human and physical resources of the organization so as to get effective co-ordination‚ contribution &
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Essentials of Planning and Managing by Objectives OBJECTIVES After studying this chapter‚ you should be able to: 1. Understand what managerial planning is and why it is important. 2. Identify and analyze the various types of plans and show how they relate to one another. 3. Outline and discuss the logical steps in planning and see how these steps are essentially a rational approach to setting objectives and selecting the means of reaching them. 4. Explain the nature of objectives. 5. Describe
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containing a building or portion thereof used exclusively for residential purposes‚ including one-family‚ twofamily‚ and multiple-family dwellings‚ but not including hotels‚ motels‚ and boarding and lodging houses‚ nursing homes‚ or elderly care facilities; or open space within or related to a residential development‚ not in individually owned lots or dedicated for public use‚ but which is designed and intended for the common use or enjoyment of the residents of the development. Land meeting
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sez incentives and facilities (I) CUSTOMS & EXCISE * SEZ unit may import or procure from the domestic sources‚ public or private bonded warehouses‚ or international exhibitions held in India‚ duty free‚ all goods‚ namely capital goods‚ raw materials‚ consumables‚ spares‚ packing materials‚ office equipments‚ DG sets etc. without any licence or specific approvals‚ including goods required for setting up of unit. * Good imported/procured locally duty free may be utilized within validity
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Chapter 7 The Circular Flow Model Revisited Factors of production: · Land – rent · Labor – wages · Capital – interest · Entrepreneurship – profit The important principle: In any given time period‚ the value of output produced by an economy is equal to the total income that is generated in producing the output‚ which is equal to the expenditures made to purchase that output Value of output produced = total income generated = expenditure made to purchase Leakages
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businesses expect future profits to fall. a. Explain for each event whether it changes short-run aggregate supply‚ long-run aggregate supply‚ aggregate demand‚ or some combination of them. A deep recession in the world economy decreases aggregate demand. A sharp rise in oil prices decreases short-run aggregate supply. The expectation of lower future profits decreases investment and decreases aggregate demand. b. Explain the separate effects of each event on U.S. real GDP and the price level‚ starting
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