BUILD BRIGHT UNIVERSITY SIHANOUKVILLE STUDY CENTER MBA -PROGRAM Course: Production and Operation Management (POM) Preparation Questions and Exercises for Final Examination I. Question : 1) What Objectives of production and operation management? 2) What do you understand by production and operational management? 3) What is Production and Operations Management? What are the scope of Operation Management? 4) Describe the stages of the product life cycle‚ and what are the demand characteristics
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After discussing the various reasons which have made the novel the most popular literary form today‚ let us consider the main characteristics of the modern novel. In the first place‚ we can say that it is realistic as opposed toidealistic. The ‘realistic’ writer is one who thinks that truth to observed facts—facts about the outer world‚ or facts about his own feelings—is the great thing‚ while the ‘idealistic’ writer wants rather to create a pleasant and edifying picture. The modern novelist is ‘realistic’
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all the individual firm s demand curves. nonexistent. the marginal cost curve above minimum average variable cost. Question A monopolist maximizes total revenue when its marginal revenue is ________. Answer positive zero negative equal to price Question For a monopolist‚ price Answer equals marginal revenue. is less than marginal revenue. is greater than marginal revenue.
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Cambridge is publishing the mark schemes for the May/June 2012 question papers for most IGCSE‚ GCE Advanced Level and Advanced Subsidiary Level syllabuses and some Ordinary Level syllabuses. om .c MARK SCHEME for the May/June 2012 question paper s er GCE Advanced Subsidiary Level and GCE Advanced Level Page 2 Mark Scheme: Teachers’ version GCE AS/A LEVEL – May/June 2012 Syllabus 9698 Paper 12 Section A 1 From the study by Mann et al (lying): (a) Describe one individual
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Semester I Revised June 2012 Revised Business Economics I Syllabus for F.Y.B.Com from June 2012 onwards University of Mumbai Semester I Module I: Demand analysis Demand function and determinants of demand – Concept and importance of Elasticity of demand‚ Income‚ cross‚ promotional. Case studiesConsumer surplus‚ Demand forecasting: meaning significance and methods-case studies Module II Theory of production and cost Production function-short run and long run- Law of variable proportions- Isoquantproducers’
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9/27/13 ADL 04 Managerial Economics AM3 ADL-04-Managerial Economics-AM3 Assignment - A Question 1. Distinguish between the following: (i) Industry demand and Firm (Company) demand‚ (ii) Short-run demand and Long run demand‚ and (iii) Durable goods’ demand and Non-durable goods demand. Question 2. What are the problems faced in determining the demand for a durable good? Illustrate with example of demand for households refrigerator or television set. Question 3. Analyse the method by
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candidates may take a different approach‚ which if appropriate should be fully rewarded. 1. (a) Explain the differences between monopolistic competition and oligopoly as market structures. [10 marks] • large number of firms (m.c) versus a few dominant firms (oligopoly) • differentiated product (m.c) versus differentiated or standardized (oligopoly) • low barriers to entry (m.c) versus high barriers to entry (oligopoly) • interdependence of firms in oligopoly • comparison of the demand curves
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Hand Sensitivity Are people more sensitive to cold water on their dominant hand or non-dominant hand? If a person sticks their hand in cold water‚ then their dominant hand will be able to withstand cold the longest. To conduct the experiment two bowls of the same size were filled: one with room temperature water and one with cold water (adding lots of ice). After this was done‚ each participant put both hands in each bowl (one at a time). The time was recorded how long each participants had each
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Company Number Code Industry Rationale 6 A A Airline Airlines are highly leveraged and with assets majority invested in PPE 9 B B Bank It has no inventories. It ha s very high Accounts payable for customers demand deposits and slightly high other current liabilities for other types of deposits. Also‚ it has a very high amount of receivables for loans made to customers. 8 C C Brewery It has a very long inventory turnover as a result of aging of its brews. 3
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1.0 Introduction Although inflation is generally thought of as an inordinate increase in the general price level‚ throughout the history of economics the causes of inflation and the definition of inflation itself remained as an unresolved issue. There is a general agreement that‚ in the long-run‚ inflation is a monetary phenomenon. In short-run‚ however‚ many other factors could cause inflation that instigates unsettled debate on the causes of inflation. Every school of economists tries to define
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