Companion‚ Blink and Dorton Chapter 2‚ P 18 Economics for the IB Diploma‚ IB Skills and Practice P9 Section 1.1 Economics for the IB Diploma‚ Ellie Tragakes P32 Section 2.2 Demand and Supply The purpose of this section is to identify and explain the importance of markets and the role played by demand and supply. The roles played by consumers‚ producers and the government in different market structures are highlighted. The failures of a market system are identified and possible solutions are examined
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Executive Summary-The Garden Depot The Garden Depot‚ a family-owned floral company‚ carries a larger variety of floral‚ gardening and lawn-care products with sales and profits growing. Janice bowman has 13 years of operational knowledge in the industry as office manager in the company. She is responsible for inventory management‚ computer system management and logistics. Derek Sinclair‚ the son-in-law of the Depot owner‚ is the landscaping manager with no experience in management. However
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Zara: Case questions 1. Coordination of a supply chain is always important. However‚ such efforts are usually initiated by certain parties. For the global apparel industry‚ would it be more suitable for downstream or upstream parties to be the driver of the coordination? Motivate your answer with the use of two important characteristics of the apparel industry. 2. Clearly Zara has a strong relationship with all parties within the supply chain. a) Which of the following retailer-supplier relationships
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Question #1: Wholesalers provide value in the supply chain to producers‚ manufacturers‚ and customers by building warehouses in specific regions‚ taking ownership of the goods and distributing those goods. They have the ability to store nonperishable goods removing the burden of storage from the producers and manufacturers. The wholesaler can also purchase a large amount of products from the producers/manufacturers so that retailers can have access to them when needed. Producers and manufacturers
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Finnegan’s Gardens The shared costs of each service line can be allocated in several different ways. You can allocate based on FTE’s‚ direct-labor costs‚ direct labor plus direct materials or by square footage usage. If you were to allocate the shared costs for Finnegan’s Gardens by FTE you would allocate $24‚778 to design‚ $89‚203 to installation‚ $56‚991 to maintenance and $24‚778 to administration. To calculate the allocation based on FTE’s‚ I divided the FTE number given for each service
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Case Write-up Week 1 1. Supply Chain 2. Who are the various customers for textbooks? What do these customers want in terms of goods and services related to textbooks? From the publisher’s point of view‚ who is the critical customer? The various customers are professors‚ students‚ bookstores‚ schools‚ and online retailers. The customers want “on demand” accessibility‚ flexibility‚ and more content in the textbooks. The professors are the critical customer because they directly impact the
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| Sales & Distribution system | | | | | By Christopher Arputha Raj | 2011014 | Fuzail Sohail Anjum | 2011019 | Nitish Pal | 2011094 | Sanil Santosh Pai | 2011106 | Amit Purohit | 2011129 | Sujit Deshpande | 2011179 | | Contents Sr no | Title | Page no | | Executive Summary | | 1 | Introduction | | 2 | Generic flow of product | | 3 | Channel structure existing in the organization | | | a. Number of levels | | | b. Intensity | |
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Technical Problem The Metric Machine Parts and Supplies Corporation (MMPS) is a large growing global business with a few network problems. MMPS have many difficulties with their current network service that has been monitored by a third party telecommunication network who does not think anything is wrong with their service. Some of the technical difficulties that MMPS faces are frequent telecommunication network crashes that lead to bad customer services satisfaction to their customers. Due to the
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Barilla Case Study 1. What are the reasons for the increase in variability in Barilla’s supply chain? The supply chain of Barilla is highly variable because of a number of reasons. One of the major reasons is the fact that the distribution network for the firm is complicated because of the involvement of middlemen who make the supply chain longer and complex. In order to have adequate supplies‚ the firm depends on forecasting models‚ which are improper‚ rather than depending on the distributors
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In the story “The Parsley Garden” by William Saroyan‚ a young boy named Al Condraj tries to steal a hammer from wolwarth and gets caught and he felt so guilty about stealing a hammer he confessed to his about it. Unfortunately he was caught by a ¨young man” and they humiliate him in front of the store manager. Al learns to be mature and make better choices. The humiliating part demonstrates to Al what kind kind of person he will be in the future. In the story Al is known as a thief. All because
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