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# Question 1 Explain the concept of Equilibrium Price in a perfectly Competitive

Question 1

Explain the concept of Equilibrium Price in a perfectly Competitive Market and how it is determined?

Calculate the percentage change in equilibrium price if percentage change in quantity demanded is 25%. Price Elasticity of Demand is 1.35 and Price Elasticity of Supply is 1.15.

Question 2

Calculate the Total Variable Cost, Average Fixed Cost, Average Variable Cost, Average total Cost and Marginal Cost in the table given below (All Cost are given in USD). [2 Marks]

Labor (No of workers)

Output (Number of units)

Total Fixed Cost

Total Variable Cost

Total Cost

Average Fixed Cost

Average Variable Cost

Average total Cost

MC

0

0

150

0

1

1

150

100

2

5

150

25

3

8

150

37.5

4

10

150

55

5

11

150

650

## Question 1 Explain the concept of Equilibrium Price in a perfectly Competitive

Question 1

Explain the concept of Equilibrium Price in a perfectly Competitive Market and how it is determined?

Calculate the percentage change in equilibrium price if percentage change in quantity demanded is 25%. Price Elasticity of Demand is 1.35 and Price Elasticity of Supply is 1.15.

Question 2

Calculate the Total Variable Cost, Average Fixed Cost, Average Variable Cost, Average total Cost and Marginal Cost in the table given below (All Cost are given in USD). [2 Marks]

Labor (No of workers)

Output (Number of units)

Total Fixed Cost

Total Variable Cost

Total Cost

Average Fixed Cost

Average Variable Cost

Average total Cost

MC

0

0

150

0

1

1

150

100

2

5

150

25

3

8

150

37.5

4

10

150

55

5

11

150

650

## Question 1 Explain the concept of Equilibrium Price in a perfectly Competitive

Question 1

Explain the concept of Equilibrium Price in a perfectly Competitive Market and how it is determined?

Calculate the percentage change in equilibrium price if percentage change in quantity demanded is 25%. Price Elasticity of Demand is 1.35 and Price Elasticity of Supply is 1.15.

Question 2

Calculate the Total Variable Cost, Average Fixed Cost, Average Variable Cost, Average total Cost and Marginal Cost in the table given below (All Cost are given in USD). [2 Marks]

Labor (No of workers)

Output (Number of units)

Total Fixed Cost

Total Variable Cost

Total Cost

Average Fixed Cost

Average Variable Cost

Average total Cost

MC

0

0

150

0

1

1

150

100

2

5

150

25

3

8

150

37.5

4

10

150

55

5

11

150

650

## Question 1 Explain the concept of Equilibrium Price in a perfectly Competitive

Writing Assignment Help Question 1

Explain the concept of Equilibrium Price in a perfectly Competitive Market and how it is determined?

Calculate the percentage change in equilibrium price if percentage change in quantity demanded is 25%. Price Elasticity of Demand is 1.35 and Price Elasticity of Supply is 1.15.

Question 2

Calculate the Total Variable Cost, Average Fixed Cost, Average Variable Cost, Average total Cost and Marginal Cost in the table given below (All Cost are given in USD). [2 Marks]

Labor (No of workers)

Output (Number of units)

Total Fixed Cost

Total Variable Cost

Total Cost

Average Fixed Cost

Average Variable Cost

Average total Cost

MC

0

0

150

0

1

1

150

100

2

5

150

25

3

8

150

37.5

4

10

150

55

5

11

150

650

## Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University ??????? ???????

Kingdom of Saudi Arabia

Ministry of Education

Saudi Electronic University

??????? ??????? ????????

????? ???????

??????? ???????? ???????????

College of Administrative and Financial Sciences

Assignment-2

MGT322 – Logistics Management

Course Name: Logistics Management

Student’s Name:

Course Code: MGT322

Student’s ID Number:

Semester: 1

CRN:

For Instructor’s Use only

Instructor’s Name: DR SYED AKMAL

Level of Marks: High/Middle/Low

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.

Assignments submitted through email will not be accepted.

Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.

Students must mention question number clearly in their answer.

Late submission will NOT be accepted.

Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

Submissions without this cover page will NOT be accepted.

Logistics Management

ASSIGNMENT -2

Submission Date by students: Before the end of Week- 11th

Place of Submission: Students Grade Centre

Weight: 05 Marks

Learning Outcome:

Recognize how global competitive environments are changing supply chain management and

Logistics practice.

Interpret the use advanced theory and methods to identify inefficiencies in supply chains

This assignment is an individual assignment.

Critical Thinking

The purpose of this assignment is to identify and apply Logistics and Supply Chain Management concepts/tools to suggest logistics performance priorities. To this purpose, you should review about available literature through secondary available information. Think about how you can apply the concepts/tools that you learned in this course.

Logistics outsourcing has attracted the attention of lots of Supply chain industrialist in recent years. As firms enlarge their global reach, they often find that they need to reconsider their internal capabilities in managing the global supply chain. In many cases firms decide to outsource this function in whole or in part to agents or outsourcing firms (Trent & Roberts, 2009).

Using this concept of outsourcing you should answer the following questions by taking any Saudi company or any Multinational company of your choice.

Question:

1. Discuss, how outsourcing firms function for smooth flow of SCM? (1.5 Marks)

2. Evaluate, the reasons for using outsourcing logistics service in Saudi Arabia/any company of your choice. Using some good examples. (1.5 Marks)

3. Reasons why outsourcing logistics arrangement are not always successful? (1.5 Marks)

4. References (0.5 Marks)

Each answer should be 400 to 500 range of word counts.

Outsourcing Companies

Their Main functions

Any local example

Reasons with suitable Examples

Reference

You can use secondary source available on internet.

## Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University ??????? ???????

Kingdom of Saudi Arabia

Ministry of Education

Saudi Electronic University

??????? ??????? ????????

????? ???????

??????? ???????? ???????????

College of Administrative and Financial Sciences

Assignment-2

MGT322 – Logistics Management

Course Name: Logistics Management

Student’s Name:

Course Code: MGT322

Student’s ID Number:

Semester: 1

CRN:

For Instructor’s Use only

Instructor’s Name: DR SYED AKMAL

Level of Marks: High/Middle/Low

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.

Assignments submitted through email will not be accepted.

Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.

Students must mention question number clearly in their answer.

Late submission will NOT be accepted.

Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

Submissions without this cover page will NOT be accepted.

Logistics Management

ASSIGNMENT -2

Submission Date by students: Before the end of Week- 11th

Place of Submission: Students Grade Centre

Weight: 05 Marks

Learning Outcome:

Recognize how global competitive environments are changing supply chain management and

Logistics practice.

Interpret the use advanced theory and methods to identify inefficiencies in supply chains

This assignment is an individual assignment.

Critical Thinking

The purpose of this assignment is to identify and apply Logistics and Supply Chain Management concepts/tools to suggest logistics performance priorities. To this purpose, you should review about available literature through secondary available information. Think about how you can apply the concepts/tools that you learned in this course.

Logistics outsourcing has attracted the attention of lots of Supply chain industrialist in recent years. As firms enlarge their global reach, they often find that they need to reconsider their internal capabilities in managing the global supply chain. In many cases firms decide to outsource this function in whole or in part to agents or outsourcing firms (Trent & Roberts, 2009).

Using this concept of outsourcing you should answer the following questions by taking any Saudi company or any Multinational company of your choice.

Question:

1. Discuss, how outsourcing firms function for smooth flow of SCM? (1.5 Marks)

2. Evaluate, the reasons for using outsourcing logistics service in Saudi Arabia/any company of your choice. Using some good examples. (1.5 Marks)

3. Reasons why outsourcing logistics arrangement are not always successful? (1.5 Marks)

4. References (0.5 Marks)

Each answer should be 400 to 500 range of word counts.

Outsourcing Companies

Their Main functions

Any local example

Reasons with suitable Examples

Reference