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Using an expensive supplier with a short lead time as a backup for a low-cost supplier can lead to higher profits by ensuring a more reliable supply chain. When the low-cost supplier experiences delays, the backup supplier can quickly fulfill orders, minimizing stockouts and lost sales. This flexibility allows the business to meet customer demand promptly, enhancing customer satisfaction and retention. Ultimately, the ability to maintain consistent product availability can outweigh the higher costs of the backup supplier, leading to increased revenue and profits.
What else can I help you with?
In which case do investors buy stock in expectations of higher profits?
In a bull market, investors buy stock in expectation of higher profits.
Why the price ceilings reduce economic surplus?
Price ceilings mean that a supplier can not charge more than a certain price for a good. When the amount a supplier charges is higher than it's economic costs for producing, it is running an economic surplus. With a price ceiling, the supplier is usually being prevented from charging the amount that maximizes economic profits. This therefore would reduce its economic surplus relative to what it could be without the price ceiling in place.
What is a positive effect of high tariffs?
Higher profits
What was a positive effect of high tariff?
Higher profits
What are profits earned from?
From things you sell at a higher price from what you paid for.
What was a positive affect of high tariffs?
higher profits - apex
Who has higher profits walmart or best buy?
Walmart has higher profits because of their cheap prices. most people shop there for good deals.
What is a positive of high tariffs?
Higher profits
What was a positive effect of tariff?
Higher profits
In which case do investors buy stock in expectations of higher profits?
In a bull market, investors buy stock in expectation of higher profits.
Why the price ceilings reduce economic surplus?
Price ceilings mean that a supplier can not charge more than a certain price for a good. When the amount a supplier charges is higher than it's economic costs for producing, it is running an economic surplus. With a price ceiling, the supplier is usually being prevented from charging the amount that maximizes economic profits. This therefore would reduce its economic surplus relative to what it could be without the price ceiling in place.
What is a positive effect of high tariffs?
Higher profits
What was a positive effect of high tariff?
Higher profits
Encouragement to strive for higher goals or profits?
incentive
What was a positive effect on high teriffs?
higher profits
Why are last minute flights so expensive compared to flights booked in advance?
Last minute flights are more expensive because airlines typically have fewer available seats closer to the departure date, leading to higher demand and higher prices. Airlines use dynamic pricing strategies to maximize profits based on supply and demand.
Higher profits new businesses and a higher paying jobs are all benefits to read from successful?
Yes, generating higher profits and revenue is a sign of success. Securing higher paying jobs and careers is also another sign of success.
