These three together form total market, so here we have to add up everything to know volume of the market
A+B+C = 1,275,000 is the total market
Then we have to calculate individual market share
which would eb 1) 28.2%, 2) 50.9%, 3) 20.8%
This can be calcualated by simple percetage calculation. ( 1275000-360000/1275000*100)-100 will give what share each has.
Then we apply HHI formula
HHI = s1^2 + s2^2 + s3^2 + ... + sn^2
HHi is nothing but squaring of each of the percentages and adding them up
(28.2)2 +(50.9)2 +(20.8)2
812+2590+432 = 3834
HHI of 3834 shows it is highly competitve market.
No it is not true savings vehicles can be insured.
Answer:
C) The company followed a low inventory system.
Explanation:
As the product was new, the correct estimate of expected sales could not be made, and with high demand and hype in the market the company, there was a high demand of the product.
This certainly led to stock out, and not meeting the customers needs.
Accordingly the reputation in market degraded.
This is because of low performance, because of shortage of inventory.
Therefore, the correct option is:
Poor Inventory system, which led to poor performance.
Answer:
Letter a. is correct. <u>TRUE.</u>
Explanation:
This statement is correct because a supply chain is part of the macroenvironment, and operational risk can be defined as different results than expected due to internal or external events.
The current economic scenario appears to be unstable, as political, economic, technological, social and other changes are occurring all the time, which can represent significant external risks in a supply chain, where there is no control by the buyer or supplier.
Some examples of uncontrollable operational risks are:
- Fraud and misconduct;
- Systemic failure;
- Safety;
- Human error.
For this reason, the importance of risk management, which includes planning, identification, qualitative and quantitative analysis, response planning and monitoring and control processes, which together will provide subsidies for less vulnerability in the supply chain and less risk.
Answer:
See explaination and attachment
Explanation:
We can look at The project total time-cost relationship to be determined by adding up the direct cost and indirect cost values together. The optimum project duration can be determined as the project duration that results in the least project total cost.
To have a clearer understanding of the solution given please check attachment for the detailed step by step solution of the solution of the given problem.
