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In this paper, the standard model of profit maximization is extended to include multi-product production in a market characterized by impatient customers. A formal model is presented that includes ...
Journal of Productivity Analysis, Vol. 27, No. 3 (JUNE 2007), pp. 231-236 (6 pages) Determining the profit maximizing input-output bundle of a firm requires data on prices. This paper shows how ...
When a small business is first getting started, its goal may appear relatively straight forward: to make as much money as possible for its owners. But for a business to be successful long term, a new ...
Given how much has changed it now seems like a blip from a distant era, but it was just a year ago this week when the Business Roundtable issued a much-ballyhooed statement that declared that ...
An Excel workbook called ProfitMax.xls provides a simple example of how to use Solver and the Comparative Statics Wizard. The Comparative Statics Wizard is an Excel add-in that walks the user through ...
Editor's Note: The SCM thesis Profit-Driven Network Redesign Through Value-Creation Services was authored by Morgan DeHaan and Yujia Ke and supervised by Dr. Milena Janjevic ([email protected]). For ...
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