Quantitative Methods: Dual Price
Not what you're looking for?
Discuss the Shadow price rule and " dual price". Are they related? What are they used for?
Purchase this Solution
Solution Summary
This solution discusses the shadow price rule and the dual price rule, and explains if they are related and what they are used for.
Solution Preview
Maximum price that management is willing to pay for an extra unit of a given limited resource. Management may wish to know whether it pays to add capacity in a particular department. It would be interested in the monetary value to the firm of adding, say, an hour per week of assembly time. This monetary value is usually the ...
Purchase this Solution
Free BrainMass Quizzes
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.