Slide 1Dynamic Demand Inventory Control System By Supamas Viriyanusorn Jitrayut Junnapart Slide 2 Background Inventory level of raw material is very important to operational…

Slide 1Introduction to microeconomics Demand relationships Chapter 4 Slide 2 Learning Goals Understand the nature of demand Identify optimum spending for a good in the face…

Slide 1123 Go To Section: LAW OF DEMAND Price Demand As the price of a product increases, consumers buy less of a product ~~~~~~~~~~~~~~~~~ As the price of a product decreases,…

Slide 1THEORY OF DEMAND Slide 2 INTRODUCTION How much to produce and what price to charge? Factors determining demand for a product. Explores the relationship between price…

Slide 1Pop Quiz #3 1.Does a price ceiling create a shortage or surplus? 2.What is one thing that causes a change in quantity demanded? 3.What is the law of supply? 4.What…

Slide 1The Money Market & Monetary Policy Slide 2 Demand for Money Transactions demand for money to pay for current transactions. Related mostly to the level of income.…

Slide 1Slide 1 Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome BackgroundsCommunication! Slide 2 Copyright © 2004…

Slide 1Break-Even Analysis Greg Hiatt May 5, 2002 Slide 2 Defined: Break-even analysis examines the cost tradeoffs associated with demand volume. Slide 3 Overview: Break-Even…

1.55Elasticity and Its Applications 2. Elasticity . . . • … allows us to analyze supply and demand with greater precision. • … is a measure of how much buyers and…

1.MANAGERIAL ECONOMICS MODULE 3 BYMr. Anirban Christ College Institute of Management Bangalore2. Demand Analysis Meaning of Demand: Demand for a particular commodity refers…