Capacity Planning & Aggregate Production Planning Capacity Planning • Long term strategic decision • determines overall level of resources • affects product lead times‚ customer responsiveness & operating costs Capacity Planning Three Basic Strategies for Timing Capacity • Capacity Lead Strategy – capacity is expanded in anticipation of demand – aggressive and used to lure away customers from competitors already constrained Capacity Planning Three Basic Strategies for Timing Capacity • Capacity
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Stipulation – a) Characteristic compressive strength required in the field at 28 days b) c) Maximum size of aggregate Degree of workability - 10 N/mm2 - 20 mm - 75 – 125 mm - Good - Moderate - 2% d) Degree of Quality e) f) Type of Exposure Entrapped Air content (max 20 mm) 2) Test Data for Materials – A) CEMENT a) Cement - Shree Ultra OPC 43 grade b) Specific Gravity - 3.15 B) AGGREGATE - Sieve Size 1. Impact Value 1.% Water Absorption 2. Specific Gravity 3. Silt Content 4.Flakiness Index
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Solution: Computation of: Revenue Simple returns = (service fee‚ $50) x no. of simple returns demand Complex returns = (service fee‚ $200) x no. of complex returns demand Cost of permanent employees Payment for accountant = (regular rate‚ $600 per week) x no. of permanent accountant Payment for computer system = (per computer rate‚ $175 per week) x no. of accountants who access to the computerized system Total permanent costs = payment to accountant
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Laws of Supply and Demand The market price of a good is determined by both the supply and demand for it. In the world today supply and demand is perhaps one of the most fundamental principles that exists for economics and the backbone of a market economy. Supply is represented by how much the market can offer. The quantity supplied refers to the amount of a certain good that producers are willing to supply for a certain demand price. What determines this interconnection is how much of a
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I. Aggregate Market Factors Aggregate factors are important indicators of the attractiveness of a product category. A. Size The market size is defined through the market volume and the market potential. The market volume exhibits the totality of all realized sales volume of a special market. The volume is therefore dependent on the quantity of consumers and their ordinary demand. Market
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How monetary policy can raise the level of aggregate demand in the short run. Introduction Monetary policy is the process by which the monetary authority of a country controls the supply of money‚ usually targeting a rate of the interest for the purpose of promoting economic grown and stability. ( Wikipedia ) In the short run‚ monetary policy affects the lever of output as its compositions can also affects the lever of output. An increase in money leads to a decrease in interest rates and
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Supply and Demand Simulation ECO/365 Shyesta Kennedy The simulation of supply and demand for this assignment was using Atlantis apartment building rental showing a detailed analysis if how any changes to the rental availability can and will affect the manager decision on price and quality in the market. In this simulation you will see the analysis point out the effect of supply and demand and how it can and needs to reestablishment of price equilibrium
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DEMAND AND SUPPLY In the market economy‚ the interaction of the buyers and sellers determines how the market will work. Buyers demand and producers sell for a particular quantity of goods and services at a certain level of prices. To Adam Smith‚ widely cited as the father of Modern Economics and Capitalism‚ in a free market‚ consumers are free to choose varieties of commodities‚ while producers have freedom of choice the commodities for sale and its production. Market settles on the price that
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What are the uses of National Income figures? Before understanding the uses of National Income figures it is of the utmost importance to define National Income and the three methods used to calculate it. National Income is the aggregate money value of goods and services produced by the factors of production over a given period of time in a country. It is the annual report and as a result it is referred as the real income‚ that is‚ income measured in terms of goods and services. When there is income
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Questions and Answers from Lesson I-4: Demand and Supply Practice Questions and Answers from Lesson I-4: Demand and Supply The following questions practice these skills: Describe when demand or supply increases (shifts right) or decreases (shifts left). Identify a competitive equilibrium of demand and supply. Describe the equilibrium shifts when demand or supply increases or decreases. Describe how prices or gross substitutes or gross complements shift demand. Describe how input costs or
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