Any business needs to produce some kind of services or goods for sale, and in order to do so, the firm must transform inputs into output. When it comes to production decisions, this just simply means that the producers take into consideration availability, market demand,...
1) From article: Impact of Poor Forecasting Accuracy:Gross Margin and Organizational Effects of Poor Forecasting Accuracy Forecasting is an integrated exercise that need the participating of all levels of supply chain to share information in order to improve the forecast accuracy and the performance of...
According to Zailani et al. (2015), in the business world today, heralded by vigorous and cut-throat competition, it has become imperative for businesses to be innovative and adopt the new technology in order to gain a sustainable competitive advantage. In as much as companies are...
I believe that laws that prohibit price “gouging” should stay in place, but that there are other steps that need to be taken that will also prevent price “gouging”, such as further proactive government involvement, better distribution of the products in need, and putting the...
Michael Sandel, a spellbinding philosopher from Harvard University, presents political ethical questions that could be answered in three different ways: welfare, freedom, and virtue. Within the first chapter of “Doing the Right Thing”, Sandel illustrates what doing the right thing means through different case studies...
Following recent developments in demand-side management are presented according to the issues/problems for which the state-of-the-art solutions and their results have been provided by the researchers. A Large Number of Energy Consumers Within a distribution network, there are often a large number of residential electricity...
Demand for Oil The conjecture for worldwide demand development for 2018 and 2019 unaltered from a month ago at 1.3 million b/d and 1.4 million b/d, separately, as a more fragile economy is to a great extent balanced by lower oil costs. Oil demand is...
The demand for OSVs is strongly connected to the number of rigs employed by the exploration and production companies. The demand for certain specialized OSVs may be driven by factors other than the oil prices, but those are the exception rather than the rule. According...
Much empirical research has been done on the efficacy of the theory of planned behavior with many findings showing that attitude, subjective norm, and perceived behavioral control have a positive correlation with the behavioral intention for supply and demand of higher education. The theory of...
Thesis The articles I choose for analysis are Gareth Phillips, 'We can’t waste a Drop' and Jon Emont, 'The Robots Are Coming for Garment Workers.' The three articles have similar microeconomic concepts because of one-aspect gains, the other one decline. An excellent example as demand...
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