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Out of stock situation

In another setting, the human players are provided with global information about the system. This means that all players are informed about inventory levels and orders placed for each of the components of the supply chain. Furthermore, they are encouraged to work out co-operative strategies to deal with the dynamics of the system. Compared to the local information structure, this usually results in lower inventory levels and less out-of-stock-situations for all participants. Typically, the stocks and the number of orders in this setting are much lower, resulting in much lower costs for operating the supply chain and lower costs for each player as well. [Pg.7]

Do you have a standard cost for an out of stock situation (for example, cost of lost sales, cost of back orders, etc.) ... [Pg.663]

Stock Control is about the ability to have medicines for patients when needed, i.e. to avoid out of stock situations and not to have wastage through out of date stock, usually caused by over stocking. Stock Control is also about the best use of resources in terms of costs of storage and staff time. Stock movements are used to predict future requirements. [Pg.799]

Whether the optimal level of availability is high or low depends on where a particular company believes it can maximize profits. Nordstrom has focused on providing a high level of product availability and has used its reputation for responsiveness to become a successful department store chain. However, prices at Nordstrom are higher than those at a discount store, where the level of product availability is lower. Power plants ensure that they (almost) never run out of fuel because a shutdown is extremely expensive, resulting in several days of lost production. Some power plants try to maintain several months of fuel supply to avoid any probability of running out. In contrast, most supermarkets carry only a few days supply of product, and out-of-stock situations do occur with some frequency. [Pg.362]

From the perspective of a generalized analytical or preparative purification strategy, it is obviously desirable to select chromatographic conditions in which the In k at f (or In (1 /[ C, ])) retention dependencies approximate case a or case b, rather than cases c and d. For the latter two cases the KassoCj, of the biosolute for the stationary phase is obviously too high, the desorption window suitable for elution is too narrow, and the mass (or bioactivity) recovery potentially is at risk. However, with crude feed stocks implementation of the case a or d scenario should not necessarily be excluded out of hand from a selectivity point of view. For example, situations have been... [Pg.130]

In light of these developments, it is reasonable for investors analyzing the situation to determine that the Bhopal controversy will not go away on its own and indeed will always be a black mark on the company s record. Increased attention to Bhopal heightens the real potential that money managers who run portfolios that incorporate environmental and social analysis will screen out Dow stock. There is over 2.18... [Pg.467]

A critical situation occurs when the supply system is out of balance, i.e. if X 0. Either the material is surplus X < 0) and has to be stored or it is in deficit X > 0) and has to be provided from stock. Hence, stock capacities and safety stocks are required to cover such critical situations. [Pg.61]

For instance, at maturity, the stock price can have a maximum value of 11.51 and a minimum value of 0.35, according to the assumed volatility. Therefore, at higher node, the value of option will be equal to 8.91 as the difference between the stock price of 11.51 and conversion price or strike price of 2.6. In contrast, at lower node, because the stock price of 0.35 is lower than conversion price of 2.6, the option value will be equal to 0. Particular situation is in the middle of the binomial tree in which in the upstate the stock price is 2.84 and downstate is 1.41, meaning that in the first case the option is in the money, while in the second case is out of the money. [Pg.183]

Oil Shale Operations in Israel. Oil shale, the only fossil fuel resource in Israel, is being used to generate electric power. The oil shale feed stock, typical of the low grade IsraeH oil shale (see Table 2), is situated in a deposit overlying phosphate ore. The oil shale operations are being carried out because the oil shale has to be mined to obtain the phosphate ore. [Pg.357]


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See also in sourсe #XX -- [ Pg.197 ]




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