Logistic Management: The movement of goods / services from one point to another point or from the point of… Read More
Demand Planning: Demand planning (DP) is the initial part of the SCOR model. It pulls the chain of supply… Read More
Supply Chain Management: Before getting into the details of Scor model supply chain, you first need to understand… Read More
Income Elasticity of demand: If the quantity demand of a commodity varies due to the variation in… Read More
Previously we have a discussion that why we need to collect optimizer statistics? How this work with our database… Read More
Demand is basically the requirement or the need of the customers who have the buying power to purchase certain… Read More
Due to change in the demand and supply of the product, there is also change in its quantity and… Read More
Law of demand: According to the law of demand, when price of good is increased, then the quantity… Read More
Economics is a social science, study of human behavior that is formed by the economic activity. By social science, it… Read More
As we have learned in previous posts, that, causality defines the relationship between two variables. In this section, we… Read More