They would be willing to trade in the range of 2 puzzles per puppet to 5 puzzles per puppet.
Trade between two agents or countries allows the countries to enjoy the next total output and level of consumption than what would be possible domestically. Canada and Mexico can each specialize in the great they need a comparative advantage in and exchange with each other.
The terms of trade are dependent as long as they're between the 2 countries' opportunity costs. As an example, any amount of greater than 1/3 and fewer than 1 traded for 1 cotton shirt would represent interdependent terms of trade. The gains from trade are only supported by comparative advantage, not absolute advantage.
A person can have an absolute advantage in both goods or activities, and yet still gain from trade by specializing within the good or activity during which it's a comparative advantage. The theory of comparative advantage holds that whether or not one nation can produce all goods more cheaply than can another nation, both nations can still trade under conditions where each benefits.
Under this theory, what matters is relative efficiency. Even when one country has an absolute advantage altogether products, trade can still benefit either side. This can be because gains from trade come from specializing in one's comparative advantage.
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Complete question: If both producers decided to trade with each other to stock their toy stores, which of the following is a range of terms of trade that would benefit both Geppetto and Lewis (1 puppet = x puzzles)?
the additional benefits that arise by using an additional unit of the managerial control variable is defined as the: group of answer choices
the additional benefits that arise by using an additional unit of the managerial control variable is defined as the Marginal benefit
What Is Marginal Benefit?A consumer's utmost willingness to pay for an additional commodity or service is known as the marginal benefit. It also refers to the additional pleasure or utility that a customer has after purchasing the extra commodity or service.
As a consumer consumes more of an item or service, their marginal benefit tends to drop. The term "marginal revenue" is frequently used in the business sector to describe the manufacturers' marginal gain. The utmost price a buyer will pay for an extra commodity or service is known as the marginal benefit.
A marginal advantage is also the extra happiness a customer experiences after buying the extra commodity or service. The marginal benefit often declines with rising consumption.
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the law ofopportunity cost says that because some resources are better suited to producing one good or service than another, as the production of a good or a service increases, thecost of each additional unit rises
This is true. The law of opportunity cost says that because some resources are better suited to producing one good or service than another, as the production of a good or a service increases, the cost of each additional unit rises.
What is the law of opportunity cost?This is the term that is used to describe the economic principle that tells us that the opportunity costs are increased based on the application of resources.
That is, given that resources are allocated, there would be the opportunity cost of using them for a given purpose or another purpose.
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If a balance exists in the temporary moh account at the end of the period, it can be ignored for purposes of preparing the company’s financial statements.
The statement "If a balance exists in the temporary MOH account at the end of the period, it can be ignored for purposes of preparing the company’s financial statements" is False.
The manufacturing overhead (MOH) price is the sum of all the oblique expenses which can be incurred while producing a product. Its miles brought to the value of the very last product alongside the direct cloth and direct labor prices.
Manufacturing overhead is a cost listed below the cost of income, in this case, referred to as the price of products synthetic. It's far something of a trap-all term for the expenses needed to run the facilities to manufacture the business's products intended on the market.
Examples of MOH
Electricity or gas is utilized in a manufacturing facility.Different utilities, inclusive of water and trash provider.Unexpected repairs.Supervisors or managers within the factory.Depreciation of a construction's value.Rent and assets taxes.Equipment depreciation.Learn more about manufacturing overhead here brainly.com/question/13312583
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how will the demand for gucci shoes change today, if the government decides to tax designer shoes next year?
management focuses on managing the production and delivery of an organization's products or services more effectively. multiple choice question.
The goal of operations management is to better efficiently manage the production and delivery of an organization's goods or services.
(OM): What Is It?
The management of business procedures to achieve the best level of productivity within an organization is known as operations management (OM). In order to increase an organization's profit, it is concerned with transforming resources like labor and materials into products and services as effectively as feasible. Teams in charge of operations management strive to produce the maximum net operational profit by balancing costs and revenues.
KEY LESSONS
The management of business procedures to achieve the best level of productivity within an organization is known as operations management.
The most effective conversion of resources like labor and materials into products and services is the focus of operations management.
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Just as reliability is necessary but not sufficient for validity, validity is necessary but not sufficient for.
If test scores are not dependable, they cannot be legitimate since they do not provide an accurate approximation of the ability or characteristic that the test is designed to assess. As a result, reliability is a required but not sufficient requirement for validity. Furthermore, reliability is a required but not sufficient condition for validity.
As a result, it is critical to examine the reliability coefficient from the standpoint of validity in order to better understand the relationship between reliability and validity and guarantee that the measure is both reliable and valid. Although reliability and validity are closely related, they have different meanings. A measurement can be both trustworthy and valid.
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a contract which is lacking a vital element or is based on an illegality such as the transfer of stolen goods is .
A contract that is missing an important detail or is based totally on illegality inclusive of the switch of stolen items is a void contract.
The definition of a contract is an agreement between two or more humans to do something. An example of an agreement is a mortgage agreement among customers and sellers of a car. An instance of agreement is an agreement among two human beings to be married.
First, events agree to paintings together and forge a connection that if fostered nicely and beneficial on both sides, can final years. A contract is the visible illustration of that courting. Contracts additionally hold every party to their unique agreement.
A contract is an agreement, but a settlement isn't always continually a contract. A settlement can be casual or it is able to be written; an agreement can be verbal or written, however, an agreement will constantly be enforceable if it contains positive necessities.
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strategic planning should be an annual exercise in which managers quickly review the previous plan, retain the majority of previous strategies, and make only a few changes going forward so they can more easily track the success of new marketing tactics.
The correct option is True.
An organization that is growing and hopes to sustain that growth needs a set of strategies to guide its program development, build a solid financial foundation, and prepare for challenges that lie ahead and that is having a strategic plan.
A good strategic plan should include goals and objectives, desired outcomes, metrics for measuring your progress, timelines, and .budgets.
This therefore confirms that strategic planning should be an annual exercise in which managers quickly review the previous plan, retain the majority of previous strategies, and make only a few changes going forward so they can more easily track the success of new marketing tactics.
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fiske roofing supplies' stock has a beta of 1.23, its required return is 11.75%, and the risk-free rate is 4.30%. what is the required rate of return on the market? (hint: first find the market risk premium.)
As per CAPM
expected return = risk-free rate + beta * (expected return on the market - risk-free rate)
11.75 = 4.3 + 1.23 * (Market return% - 4.3)
Market return% = 10.36.
A market is a system, institution, process, social relationship, or infrastructure configuration that parties exchange. Although parties can exchange goods and services through barter, most markets rely on sellers offering goods and services (including labor) to buyers in exchange for money.
A market can be described as the process by which prices for goods and services are determined. Markets facilitate trade and enable the distribution and allocation of resources in society. Marketplaces allow the valuation and pricing of any tradeable item.
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creating computers, operating systems, and other gadgetry that it hopes the public will want and buy because of apple’s reputation for innovation.
Apple has a history of "production orientation", creating computers, operating systems, and other gadgetry that it hopes the public will want and buy because of Apple’s reputation for innovation.
This is further explained below.
What are computers?Generally, A computer is a modern digital device that can be set up to carry out a series of mathematical or logical processes automatically. The sequences of operations that a computer can do depend on the kind of computer it is.
The general sets of operations that modern computers are able to do are known as programs.
These applications make it possible for computers to carry out a broad variety of functions. a group of very simple equipment or gadgets that work together to perform a certain task: We offer a variety of kitchen appliances, including a coffee grinder, a coffee press.
In conclusion, Apple has a long history of "production orientation," which means that the company designs computers, operating systems, and other types of technology with the goal of selling them to consumers on the basis of Apple's well-known track record of innovation.
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complete question
Apple has a history of _______, creating computers, operating systems, and other gadgetry that it hopes the public will want and buy because of Apple’s reputation for innovation.
market orientation
production orientation
sales orientation
societal marketing orientation
true or false: when considering established criteria for effective communication, external auditors rely on financial and managerial models of efficiency and effectiveness.
False
When considering established criteria for effective communication, external auditors rely on financial and managerial models of efficiency and effectiveness.
What is effective communications?The process of exchanging ideas, opinions, knowledge, & facts in order to ensure that the message is received and understood with clarity and purpose is known as effective communication. Both the sender & the recipient are satisfied when communication is successful.
There are many other ways to communicate, including writing, listening, visuals, and verbal and nonverbal cues. It can happen in person, over the phone (via apps, calls, and video), in the mail, and on websites, social media platforms, and forums.
Clear, accurate, thorough, succinct, and empathetic communication is necessary for it to be effective.
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True or false. Brainly is mostly wrong :/
Answer:
it depends sometimes hahah
Explanation:
I mean sometimes they give you the right answer and sometimes not
acheron co.'s december 31, year 1, balance sheet contained the following items in the long-term liabilities section: unsecured 5.375% registered bonds ($25,000 maturing annually beginning in year 4) $550,000 6.5% convertible bonds, callable beginning in year 10, due year 21 $225,000 secured 4.875% guaranty security bonds, due year 21 $500,000 5.0% commodity-backed bonds ($50,000 maturing annually beginning in year 5) $150,000 what are the total amounts of term bonds and debenture bonds? term bonds debenture bonds a. $700,000 $775,000 b. $725,000 $375,000 c. $700,000 $650,000 d. $725,000 $775,000
In the long-term liabilities part of Acheron Co.'s December 31, year 1 balance sheet, the following items were found: Period bonds pay the entire principal upon maturity at the conclusion of the term, in contrast to serial bonds, which mature in installments. The $725,000 in term bonds consists of the $225,000 6.5% unsecured convertible bonds and the $500,000 4.875% guaranty secured bonds. Debenture bonds, which total $775,000 and consist of $550,000 in registered bonds yielding 5.375% and $225,000 in convertible bonds yielding 6.5%, are unsecured bonds.
So the correct option is A
What is Long-term liabilities?
A company's long-term liabilities are its debts that won't be paid off for at least a year. To give a more accurate picture of a company's current liquidity and its capacity to pay current liabilities as they fall due, the current portion of long-term debt is mentioned separately. Long-term debt and noncurrent liabilities are other names for long-term obligations.
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A student is ordering a flower arrangement. She can choose any combination of roses and carnations for her flower arrangement, and she does not want to spend more than $30. If roses cost $3 each and carnations cost $2 each, which inequality represents all possible combinations of x roses and y carnations?.
3x +2y≤ 30.is the correct answer of the given statement.
How do you represent an inequality?Draw a circle over the number to begin plotting an inequality, such as x>3, on a number line (e.g., 3). If the sign also says equal to (or), then complete the circle. The circle should not be filled in if the sign does not include equal to (> or ).
What is linear inequality meaning?A mathematical expression that compares two expressions using the inequality symbol is known as a linear inequality. The expression may be a numerical expression, an algebraic expression, or both.
What does mathematical expression mean?A mathematical expression is created when we successfully combine variables and numbers using operations like addition, subtraction, multiplication, division, exponentiation, and other as-yet-unlearned operations and functions.
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hui er hires a contractor to remodel her kitchen while she is gone on vacation. in spite of the contractor's promise to do high-quality work, she later discovers that he did not. hui er is experiencing a
Hui er hires a contractor -today to transform her kitchen at the same time as she is long past on vacation. despite the contract every day's promise daily does paintings, she later discovers that he did now not. hui er is experiencing a: the key phrases right here are "internal wiring illness." which is a manufacturing illness case.
A trendy contractor daily, major contractor daily, or daily contractor day-to-day is chargeable for the oversight of a production website, management of carriers and trades, and the verbal exchange of statistics day-to-day all worried parties during the course of a constructing undertaking.
A contract daily is someone who is hired every day to build something. As a contract every day at a building website online, it's far especially endorsed you preserve your hard hat on always.
A contractor daily is not a worker; as an alternative, they run their very own entity (such as a sole proprietor-to-dealership, limited liability employer, or constrained liability partnership) and are gotten smaller out with the aid of agencies' day-to-day work on precise initiatives or assignments. Their contract relationships may be short- or lengthy-term.
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are important to business decision makers because they provide ways to settle conflicts between countries and resolve disagreements more easily than if one government worked directly with another.
Institutions are important to business decision-makers because they provide ways to settle conflicts between countries and resolve disagreements more easily than if one government worked directly with another.
Institutions are artificial structures of rules and norms that shape and constrain individual behavior. All definitions of institution generally imply some degree of permanence and continuity. Laws, rules, social customs, and norms are examples of institutions. Different institutions have varying degrees of formality and informality.
Institutions are major subjects of study in the social sciences, such as political science, anthropology, economics, and sociology (sociology was described by Emile Durkheim as "the science of institutions, their formation and function").
A primary or meta-institution is an institution such as family or money that is broad enough to include a group of related institutions. Institutions are also a central concern of law, the formal mechanism for the making and enforcement of political rules. Historians study and document the foundations, growth, decline, and development of institutions as part of their political, economic, and cultural histories.
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an outward shift in the production possibilities curve of an economy can be caused be an increase in
An increase in capital causes the production possibilities curve of an economy to go outward.
What do you understand by capital?Usually, money or other liquid assets are held or acquired for use as capital. The phrase can be used broadly to refer to all of a company's monetary-valued assets, including its inventory, real estate, and equipment.
It boosts worker productivity, which benefits the economy as a whole. A increasing population, the importance of technology, and specialization have forced manufacturers to get additional funding and supporting resources to meet demand. According to some, capital accumulation is the foundation of economic growth.
Capital is the portion of money that can be used to create more wealth. Other than the free gifts of nature that provide income, all forms of wealth are considered to be capital, according to Marshall. As a result, capital refers to any forms of wealth—aside from land—that contribute to the continued generation of revenue.
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employees whose main contribution to the organization is specialized knowledge, such as knowledge of customers, a process, or a profession are known a
Employees whose main contribution to the organization is specialized knowledge, such as knowledge of customers, a process, or a profession are known a Knowledge workers.
Knowledge workers are the workers where their main capital is their knowledge. They are the person who have an expertise in their field based on knowledge, skills and task orientation. Knowledge workers use their understanding, practical knowledge in their work. They understand about the industries and provide a sound advice and give directions to the activity of their work place. By learning more about your professions and skills you can be classify as the working profession in your fields.
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what illustrates the maximum amount of a good or a service that can be produced given the production of the other.
What illustrates the maximum amount of a good or a service that can be produced given the production of the other is the production possibility frontier.
What is the production possibility frontier?The production possibilities frontier is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
A country that produces on the production possibilities frontier has the highest standard of living it can achieve. A country that produces inside the production possibilities frontier is said to be under utilizing its resources. A country cannot produce outside the production possibilities frontier.
The production possibilities frontier is concave to the origin. This is because of the opportunity cost that occurs in the production process. As more of one of the goods is produced, less quantity of the other good would be produced. Opportunity cost occurs in production because the resources available for production are available in limited quantities. These results in trade off in the production process.
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several major u.s. retailers have opened manufacturing plants overseas. these manufacturers represent which strategic option for entering into the international marketplace?
Direct ownership is the strategic option for entering into the international marketplace which the US retailers have used abroad.
What is meant by direct ownership in strategic options?This is the term that is used to tell us that a particular firm is owned by only one person or a single entity and that they have no partners in the market abroad.
This tells us that these United States companies that are abroad only have themselves as the ones operating the businesses. Hence we can say that Direct ownership is the strategic option for entering into the international marketplace which the US retailers have used abroad.
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an ethics officer and/or ethics hotline are both critical to an ethical culture in a company. group of answer choices true false
This problem is a true statement. An ethics officer and/or ethics hotline are both critical to an ethical culture in a company.
What is a ethical culture?
The term "ethical culture" refers to a collection of managers' and employees' perceptions, assumptions, and expectations regarding how the business promotes ethical or unethical behavior. Tolerance, compassion, loyalty, and honesty in the handling of customers and workers are encouraged by an ethical workplace culture, which is one that prioritizes employee rights, fair processes, and parity in compensation and advancement.
Therefore,
An ethics officer and/or ethics hotline are both critical to an ethical culture in a company. group of answer choices true false
This problem is a true statement. An ethics officer and/or ethics hotline are both critical to an ethical culture in a company.
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a data silo occurs when one business unit is unable to freely communicate with other business units, making it difficult or impossible for organizations to work
A data silo happens while one business unit is unable to freely speak with other enterprise devices, making it tough or impossible for corporations to paint: facts silos hinder enterprise operations and the records analytics initiatives that help them. Silos restrict the potential of executives to apply records to control business strategies and make informed commercial enterprise choices. in addition, they prevent name middle dealers, sales reps and other operational people from accessing applicable facts about clients, products, delivery chains, and more.
Data is defined as records or figures, or statistics it is saved in or used by a pc. An example of facts is facts accrued for a research paper. An example of records is electronic mail.
Information is data that has been translated into a form that is green for movement or processing. Relative to cutting-edge computers and transmission media, statistics are records transformed into binary digital shapes. it is perfect for records for use as a singular issue or a plural subject. records permit corporations to greater effectively determine the motive of problems. facts permit organizations to visualize relationships among what is taking place in extraordinary locations, departments, and structures.
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placing ads in newspapers and having knowledgeable salespeople to answer customers' questions are ways marketing intermediaries can provide
Placing ads in newspapers and having knowledgeable salespeople answer customers' questions are ways marketing intermediaries can provide information utility.
The salespeople are in charge of welcoming customers, guiding them toward the merchandise they need, and counting up purchases. You need to be a great communicator if you want to succeed in sales. A successful salespeople achieves sales goals while being courteous and helpful to consumers.
A salespeople is defined as a person who sells products or services. A vehicle salesperson is an illustration of salespeople. a somebody who makes sales. a worker whose job it is to market goods or services.
An effective salespeople's main duty is to boost sales. This will comprise customer identification, presentation, demonstration, handling of objections, and closing the sale for order-getters.
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Jobs in the hidden job market can be discovered through job advertisements. please select the best answer from the choices provided t f
Jobs in the hidden job market can be found through job advertisements is a false statement.
The labor market is the entire need and supply of labor, or all of the demand and supply in society with all the mechanisms that allow for productive transactions between people selling their labor and employers who need the labor.
The job market is a free area where workers can be recruited to fill various positions, such as secretary, mechanic, cashier, and so on.
The function of the labor market is to optimally allocate labor among various alternative users in productive work, which provides a decent income, a feeling of peace and security from the threat of danger, not worrying about losing a source of livelihood, and providing a sense of self-esteem and certainty of life. The functions of the labor market are:
As a Means of Distribution of Manpower,As a means to obtain information about employment,As a means to bring together job seekers and people or institutions that need workers.You can learn more about labor market here brainly.com/question/23079314
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Answer:
This is FALSE
Explanation:
decisions are relatively straightforward and usually can be programmed directly into information systems.
Structured decisions are relatively straightforward and usually can be programmed directly into operational information systems. Thus the correct option is D.
What is Structured decisions?The structured decision is referred to as a method of decision-making in which effective utilization of natural resources takes place by placing the resources in each task carefully and analyzing them.
Structured decisions are typically easy to make and can be easily programmed into operational information systems, which determine the techniques used to implement effective systems.
Therefore, option D is appropriate.
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The incomplete question is
_____________ decisions are relatively straightforward and usually can be programmed directly into ____________ information systems.
A.
Strategic; operational
B.
Semi-structured; executive
C.
Unstructured; managerial
D.
Structured; operational
E.
Executive; strategic
In the context of the poem, how do people face death? How does Keats challenge the inevitably of death in this poem? How do people use art to overcome death?
Most of John Kets' poems have the theme of human emotions and feelings, such as love and death, and death is portrayed by the author in the form of being an emotional challenge for human beings, who fear it, but at the same he hopes that there will be a moment of reunion through the precepts of faith.
How does art transform human beings?Art is an instrument of expression, it is the possibility for individuals to express themselves freely through poems, texts and songs, for example, where they can portray their emotions in order to transform them into something meaningful and reflective for themselves and for others.
Therefore, art is an instrument of personal expression, being a way of developing creativity through variables that are intrinsic to human life, such as its challenges, difficulties, observation of nature, social interaction, etc.
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managers using their power, personality, influence, and communication skills to coordinate people and groups so their activities are in harmony defines .
Leading defines that managers use their power, personality, influence, and communication skills to coordinate people and groups so their activities are in harmony.
It is considered important for managers to lead their subordinates. Leading basically involves influencing others through direction, inspiration, and motivation toward the achievement of organizational objectives. It defines that manager use his power, communication skills and personality to influence other to achieve the desired goals.
Leading involves assembling and arranging resources. Leadership involves the coordination of people towards a common goal of business. Leading ability of leaders enhances the performance of employees. Leaders or managers also influence individuals and their behavior.
Effective communication skills are also considered an important leading quality of managers that allows the managers to transmit their desires to their subordinates. Effective communication is also helpful to encourage employees to perform well and achieve the goals of the organization.
Therefore personality influence and communication skills are important leading qualities for managers.
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No matter which markets they serve, all private enterprises have one goal—to maximize what?
A. indicators
B. price
C. profits
D. labor
Answer:
C.
Explanation:
C is your answer, hope I helped
compute the cost of goods manufactured and cost of goods sold for company for the most recent year using the amounts described next. assume that raw materials inventory contains only direct materials.
West Nautical Company Calculation of Direct Materials Consumed in the Year Raw Materials Starting Inventory 23,000 and Direct Materials Purchases 74,000 Available Materials 97,000. 25,000 less raw materials in stock. Directly consumed materials 72,000.
Especially for large-scale manual or machine manufacturing or production. Process materials into shapes to make cotton, invent fictitious brewing methods and create incident reports.
Direct materials are the components used in the product. For example, components such as screens, integrated circuits, camera modules, and buttons are materials directly involved in the manufacture of smartphones. Direct Materials are materials and consumables that are consumed in the manufacture of a product and are directly identified with that product. Items called direct materials are usually listed in his BOM file for the product.
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robert jacobs and richard chase (2018). operations and supply chain management, 16th edition, mcgraw-hill. isbn 978-1-260-23890-7
What was robert jacobs and richard chase (2018). operations and supply chain management, 16th edition; (COMPLETE QUESTION)
With a light emphasis on quantitative coverage, Operations and Supply Chain Management, 16e covers the full spectrum of Operations Management and Supply Chain.
the required details about supply chain is mentioned below
It offers pertinent and up-to-date Operations Management topics with an emphasis on economics and the global economy, analytics content that uses math models to link decisions to pertinent data, and proper problem-solving techniques.
This sixteenth edition gives students a set of more practical skills and tools as well as examples of what businesses are doing to gain a competitive advantage in the market. Reducing the cost of supply chain processes, integrating and collaborating with customers and suppliers, sustainability, and lowering the long-term cost of products and processes are all current business hot themes that pertain to operations and supply chain management.
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