CHAPTER 9 OLIGOPOLY AND FIRM ARCHITECTURE 1. The demand function for a product sold by an oligopolist is given below: QD = 370 – P The firm’s marginal cost function is given below: MC = 10 + 4Q Calculate the equilibrium price and quantity. Solution: P = 370 – Q so TR = 370Q – Q2 and MR = 370 – 2Q MR = 370 – 2Q = 10 + 4Q = MC so Q = 60 and P = 310 2. The demand function for a product sold by an oligopolist is given below: QD = 135 – 0.5P The firm’s marginal cost function is given
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such as lean manufacturing and offshoring decrease the level of risk in the supply chain. B. Accurate forecasting techniques solve most supply chain problems. C. Many retailers observe that inventory levels fluctuate considerably across a supply chain. D. In general‚ the total inventory costs are higher than the total transportation costs in the overall logistics costs for a country. 2. There can be many reasons why an organization is outsourcing certain activities. What is not a motivation
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describe DIMCO’s supply chain. 2. What are the advantages that DIMCO can gain by implementing supply chain management? 3. What would you recommend DIMCO attempt next? Should it work on integrating the suppliers or the distributors first? Or should it work on both simultaneously? 4. What are your recommendations with regard to the external suppliers? 5. What are your recommendations with regard to the external distributors? The assignment aimed at the current supply chain systems at DIMCO
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CASE: GS-49 DATE 04/14/06 EVOLUTION OF THE XBOX SUPPLY CHAIN With the first generation of Xbox‚ our ambition was to change the way people think about video games. Starting today with Xbox 360‚ our ambition is to transform the way people play games and have fun. 1 —Robbie Bach‚ President of the Microsoft Entertainment and Devices Division In November 2005‚ Microsoft prepared to launch its next-generation video game console‚ the Xbox 360. A global release was scheduled‚ beginning on November
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(Strategy‚ Complexity‚ Push vs Pull) 1. What advantages does Dell derive from virtual integration? How important are this advantages in the auto business? 2. What challenges does Ford fact that are not faced by Dell? How should Ford deal with these challenges? 3. If you are Teri Takai‚ what would you recommend to senior executives? Tow what degree should Ford emulate Dell’s business model? Herman Miller: Innovation by Design? (Supply Chain Strategy) 1. What are the main elements of Herman Miller’s
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focus : from the overall standpoint to the micro one here. For example‚ you will focus on markets separately : the Real Estate one‚ the Financial market‚ the consumer market‚ etc… That’s why competition is mainly a microeconomics issue. A micro question : what are the conditions for the Real Estate to be balanced ? When a market is balanced in microeconomics‚ we speak of a “partial equilibrium”. In micro you can (conceptually) move from partial equilibriums to global equilibrium by adding all partial
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3. Reduce total expenses: reduce packaging‚ reduce damage and handling. Non-munufacturing expenses also can be reduced through improved manufacturing flow mgt. A responsive manufacturing process leads to better order fill rates and orders shipped complete. 4. Reduce inventory: reduce component‚ WIP and finished goods inventory. Manufacturing flexibility accommodates demand with less inventory obsolescence. 5. Reduce other current assets: reduce accounts receivable through
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Contents Abstract………………………………………………………………………………………………………………2 Introduction………………………………………………………………………………………………………..2 Importance of Green Supply Chain……………...................................................................................3 Political‚ Economic and Consumer concern…………………………………………………………..4 Critical drivers for companies to adopt GSC………………………………………………………….5 The Green Network and emission Control……….....................................................................
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INTRODUCTION OF SUPPLY CHAIN MANAGEMENT Fierce competition in today’s global markets‚ the introduction of products with shorter life cycles‚ and the heightened expectations of customers have forced business enterprises to invest in‚ and focus attention on‚ their supply chains. This‚ together with continuing advances in communications and transportation technologies (e.g.‚ mobile communication‚ Internet‚ and overnight delivery)‚ has motivated the continuous evolution of the supply chain and of the
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Making Supply Meet Demand in an Uncertain World by Marshall L. Fisher‚ Janice H. Hammond‚ Walter R. Obermeyer‚ and Ananth Raman Harvard Business Review Reprint 94302 HarvardBusinessReview MAY-JUNE 1994 M.L. FISHER‚ J.H. HAMMOND‚ W.R. OBERMEYER‚ AND A. RAMAN MAKING SUPPLY MEET DEMAND IN AN UNCERTAIN WORLD 94302 CHRISTOPHER MEYER HOW THE RIGHT MEASURES HELP TEAMS EXCEL 94305 CRAIG SMITH THE NEW CORPORATE PHILANTHROPY 94309 TODD B. CARVER AND ALBERT A. VONDRA
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