Answer:
A. supply-chain management
Explanation: Supply chain management is the term used to describe the processes involved the handling of the flow of raw materials, finished goods, equipments and other supplies in order to ensure that materials are made available to the user at the right time right location and at the right quantity and Quality.
Supply chain management integrates both the operations, logistics, Marketing, supply management in order to efficiently manage or handle the flow of materials.
Answer:
B.
Explanation:
equilibrium is pretty much self explanatory, both the demand and quantity has to be equal
Answer: The value of this exchange is $8,816.05.
Explanation:
The problem is dealing with a simple case of arbitrage of exchange rates: Lets assume that
k = koruna
b = baht
Step 1:
Sales Revenue = k2,200,000
(To get USD amount : 
Purchase Cost = b3,200,000
(To get USD amount : 
Step 2:
Profit = Sales Revenue - Purchase cost
= $86,750.7886 - $77,934.7297
= $8,816.0589
The value of this exchange is $8,816.05.
Equilibrium quantity will increase; the effect on price is ambiguous.
<h3><u>
Explanation:</u></h3>
When there is a situation in which the supply and the demand for any product is equal then it is said to be Equilibrium quantity. When there is an intersection where the supply and demand curves meets each other it give rise to the state of equilibrium.
In the given example, there are two cases such as the price of the milk will rise which is published in newspaper and the production efficiency of the milk is improved with a new and improved pasteurization process. From these two effects we can conclude that Equilibrium quantity will increase; the effect on price is ambiguous.
