'Marginal profit' diaporamas de présentation

Inventory Management, Supply Contracts and Risk Pooling

Inventory Management, Supply Contracts and Risk Pooling. Phil Kaminsky kaminsky@ieor.berkeley.edu. February 1, 2007. Issues. Inventory Management The Effect of Demand Uncertainty (s,S) Policy Periodic Review Policy Supply Contracts Risk Pooling Centralized vs. Decentralized Systems

1.22k views • 102 slides

Chapter 4

Chapter 4. Supply Contracts. 4.1 Introduction. Significant level of outsourcing Many leading brand OEMs outsource complete manufacturing and design of their products More outsourcing has meant Search for lower cost manufacturers Development of design and manufacturing expertise by suppliers

786 views • 62 slides

Economics 102

Economics 102. Question 1. Suppose the Kingdom of Atlantis decides to levy a tax of one shekel on the production of each widget. (a) Demonstrate that the decline in consumer and producer surplus resulting from the tax exceeds the amount of tax revenue collected.

546 views • 46 slides

Chapter 4

Chapter 4. Supply Contracts. 4.1 Introduction. Significant level of outsourcing Many leading brand OEMs outsource complete manufacturing and design of their products More outsourcing has meant Search for lower cost manufacturers Development of design and manufacturing expertise by suppliers

604 views • 46 slides

The Magnitude of Shortages (Out of Stock)

The Magnitude of Shortages (Out of Stock). What are the Reasons?. Consumer Reaction. Optimal Service Level: The Newsvendor Problem. How do we choose what level of service a firm should offer?. Cost of ordering too much: holding cost, salvage.

484 views • 41 slides

Outline

Outline. Optimal Decisions using Marginal Analysis. Locating a shopping mall A model of the firm Profit maximization Marginal analysis Sensitivity analysis. Locating a shopping mall in a coastal area. Villages are located East to West along the coast (Ocean to the North)

571 views • 39 slides

Quantitative Analysis for Management

Quantitative Analysis for Management. Chapter 3 Fundamentals of Decision Theory Models. Chapter Outline. 3.1 Introduction 3.2 The Six Steps in Decision Theory 3.3 Types of Decision-Making Environments 3.4 Decision Making Under Risk 3.5 Decision Making Under Uncertainty

939 views • 39 slides

Optimization using Calculus

Optimization using Calculus. We will review some rules of differential calculus that are especially useful for management decision making. The profit function. Suppose that a business firm has estimated its profit ( ?) function (based on marketing and production studies) as follows:.

430 views • 33 slides

3.10 Business and Economic Applications

3.10 Business and Economic Applications. 3.10 Business and Economic Applications. Marginal Cost. Marginal Profit. Marginal Revenue. 3.10 Business and Economic Applications. 3.10 Business and Economic Applications. 3.10 Business and Economic Applications.

466 views • 33 slides

Optimization using Calculus

Optimization using Calculus. We will review some rules of differential calculus that are especially useful for management decision making. The profit function. Suppose that a business firm has estimated its profit ( ?) function (based on marketing and production studies) as follows:.

528 views • 32 slides

Simple Rules for Differentiation

Simple Rules for Differentiation. Objectives. Students will be able to Apply the power rule to find derivatives. Calculate the derivatives of sums and differences. Rules. Power Rule For the function , for all arbitrary constants a. Rules.

361 views • 23 slides

example 7

example 7. Marginal Revenue and Marginal Profit. Chapter 1.3. A company produces and sells a product with revenue given by dollars and cost given by dollars where x is the number of units produced.

328 views • 23 slides

Derivatives

Derivatives. Difference quotients are used in many business situations, other than marginal analysis (as in the previous section). Derivatives. Difference quotients Called the derivative of f ( x ) Computing Called differentiation. Derivatives. Ex. Evaluate if.

324 views • 22 slides

AGEC 317

AGEC 317. Introductory Calculus: Marginal Analysis. Readings. Review of fundamental algebra concepts (Consult any math textbook) Chapter 2, pp. 23-44, Managerial Economics.

254 views • 16 slides

Linear Functions

Linear Functions . Chapter1, Section3. Linear Functions. A linear function is a function that can be written in the form where a and b are constants. Notice that the exponent on the variable is a 1, hence first degree (linear).

302 views • 11 slides

111 views • 11 slides

3.10 Business and Economic Applications

107 views • 10 slides

Tragedy of Commons

Tragedy of Commons. Systems Theory Course Sprint 2011. What is the problem. B. A. Resourse. What is the problem. Common resource Limited resource Each person like to increase its marginal profit. Causal loop diagram system with two herdsman.

239 views • 9 slides

Calculus Notes 4.7: Optimization Problems 4.8: Applications to Business and Economics

Calculus Notes 4.7: Optimization Problems 4.8: Applications to Business and Economics. 4.7: Optimization Problems. Steps in Solving Optimization Problems: Understand the problem: What is known? Unknown? Want do you want to find? Draw a Diagram: to visualize and see if things make sense.

172 views • 8 slides