Manufacturing Problems and Technological Efficiency Part of the challenge regarding the drug shortage is the concept of efficiency in production. Prices for generics are lower than brand name drugs and therefore profitability margins are very narrow. For this reason there is little incentive to ensure that equipment is well maintained as this adds to costs and further decreases net income to the manufacturer. Quality is not rewarded in any tangible way and offers no significant advantage, so companies
ARTICLE IN PRESS Int. J. Production Economics 114 (2008) 554–570 www.elsevier.com/locate/ijpe Logistics and supply chain management in luxury fashion retail: Empirical investigation of Italian firms Alessandro Brun, Federico Caniato, Maria Caridi, Cecilia CastelliÃ, Giovanni Miragliotta, Stefano Ronchi, Andrea Sianesi, Gianluca Spina Politecnico di Milano, Department of Management, Economics and Industrial Engineering, via G. Colombo 40, Milano, Italy Received 31 August 2006; accepted 22 June
Accounts/Disclosures that could be affected: Cost of sales, revenue The company may have to pay higher production costs or may not be able to produce and sell as much poultry. Availability and relative costs of labor could adversely affect the cost of production. Financial Statement Accounts/Disclosures that could be affected: Cost of sales, revenue The company may have to pay higher production costs or may not be able to produce and sell as much poultry. 52 Section 2: Understanding the Client’s
The Auto Manufacturing Sector One of the defining features of globalization is the clear line of separation which this has drawn between preferable venues for production and sensible outlets for retailing. The automobile industry is one sector which has been especially impacted by this dichotomy, primarily because of the high cost of its primary retail output and the need to reduce the costs which are required to deliver it to market. It is thus that auto manufacturers have increasingly used a
years has been dependent upon exploration and production of oil for local and international market (Jasimuddin, 2001). Oil in Saudi contributes up to 40% of its Gross Domestic Product (GDP) and an approximate 80% of its annual revenue (Elachola & Memish, 2016). Largely, the exports that emanate from Saudi Arabia to the tune of 90% are from oil and natural gas products (2016). The country has invested a lot of capital in the exploration and production of oil over the years (2016). Saudi Arabia has
directions for future model development where land is not a fixed factor of production. In the second section, I conduct an empirical time series analysis of the impact democracy levels have on the total factor productivity (TFP) for the case of Thailand. As the next step, I propose that this study be
Milkman’s “The New Linden” jointly tell a story regarding the development, practice, and global adoption of “lean production” by auto manufacturers in the mid-20th Century. Furthermore, these writings support the notion that during this time period, the American workplace was rapidly changing, which held varying implications for the worker, management, and unions. With the rise of “lean production” came an improvement in labor-management relations with focus on the individual-- through stronger job protections
Introduction The production of oil from most commercially viable reservoirs is generally described by three stages termed natural recovery, supplementary recovery and enhanced recovery processes. The recovery processes are used in consecutive order and the shift between methods is usually governed by whether the subsequent production method is economic or not. The production of oil has a very wide range of efficiency, described as the recovery factor (RF). No matter if any single recovery process
To add to the existing literature on fishery production, this paper presents a comparison analysis of two relatively under-explored specifications: the quadratic and square root production functions. Fixed effects estimation and quantile regression analysis will be employed to determine whether one form is superior to the other. This paper also considers the effects of various government financial transfers and gender-specific postsecondary education rates on fishery output levels. Results indicate
new engine’s production line will be very effective and efficient. Mazda understands that the supply chain of this engine has to have very little to no flaws if a profit will be made. Mazda will look to local companies and manufacturers for the parts to create to engine to ensure lowest cost possible to build the engine. Because Mazda has a production center, adding to the center for this engine type was not too costly. Mazda was able to use current employees to move into the production line and leadership