11 September 2012 Keywords: Pricing Complementary products Market power Stackelberg game a b s t r a c t This article reports the results of a study that explores the pricing problems with regard to two complementary products in a supply chain with two manufacturers and one common retailer. The authors establish five pricing models under decentralized decision cases, including the MS-Bertrand, MS-Stackelberg, RS-Bertrand, RS-Stackelberg, and NG models, with consideration of different market
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Executive summary It’s important for a manager to use the tools and available data to explain the demand for their products. Managers use economic and statistical techniques to explain the demand for their products. The procedure commonly used by economist to explain consumer demand is regression analysis. Regression analysis is a statistical technique for estimating relationships among variables. The focus is on the relationship between a dependent variable and one or more independent variables
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and in turn conduct and performance, over time. SCP Model Industry External shocks Producers S tructure C onduct P erformance Feedback Industry structure is determined by the economics of demand and supply in the industry, as well as by “ industry chain economics” which represents the , inherent bargaining of customers, producers, and suppliers in the industry, and the sources of this power (e.g., vertical or information market failures). Conduct is characterized by strategic
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Managing Risk in the Supply Chain SCM 309 Fall 2014 INTRODUCTION Supply and supply chain risk refers to the probability of an uncertain or unpredictable event occurring that affects one or more of the parties within a supply chain. These events can negatively influence the achievement of business objectives. Risk has been present in supply chains as long as there has been someone looking to purchase goods and services and someone
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compare and contrast public goods, private goods, common resources, and natural monopolies. Trevor will explain how labor market equilibrium is affected by the supply and demand of labor. Mel, Trevor, and Jose will each identify the market structures of each organization and will summarize the factors that affect labor supply and demand. Private goods are excludable and they rival in consumption. Private goods are excludable because it is possible to prevent someone from getting one, it is not
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[Sport Obermeyer Case Analysis] | How to plan and forecast in an environment with variable demand and long lead time via the use of speculative vs. reactive capacity | Table of Contents Executive Summary Page Part 1 Executive Summary 3 Issue Identification Part 2 Immediate Issues 4 Part 3 Systemic Issues 4 Environmental & Root Cause Analysis Part 4 Qualitative Analysis 8 Part 5 Quantitative Analysis 9 Alternatives &/or Options
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taxable goods and services at all levels in the supply chain i.e. production, manufacturing, wholesale and retail. More than 120 countries have already implemented GST which is paid by customers when they purchase goods and services are more sophisticated than the tax on retail sale. Even though GST is charged at each level of the supply chain, each business in the supply chain will charge tax only for the value he adds to the product in the supply chain. It will not become part of cost of the product as
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The Arena: Geographical Expansion In order to assess market potential, Toyota needs to determine the best regions for growth to ensure cost and quality. Based on market figures (Figure 10 & 11), the following GE Matrix is drawn up to show the likelihood of the following market outcomes: Figure 11: GE Matrix showing international market approach The above graph was plotted based on information and the following criteria – Available resources, effective use of resources for maximum milking
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The effects of the proposed carbon for can be analyzed using the AD/AS framework. Consider the following model of the Australian economy Initially the AS curve is AS, and the AD curve is AD1.Equiblibrion GDP is Y1 and the price level is P1 (equipment of point A) 1) The carbon for will result in an increase in electricity prices which in turn will result in a significant increase in the cost of producing many goods and services. The result will be that the AS Curve will shift left minds
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supplies stock bags to many small chain stores scattered over a wide geographical area. It ships the bags directly to small regional warehouses or drop ships directly to the individual stores. The family reasons that the large bag manufacturers cannot profitably provide service to accounts on that small of a scale. In fact, Ed Merriwell formed the business with one second-hand bagging machine to provide bags for a small discount store chain and a regional chain of drug stores. These two organizations
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