How to optimize inventory order sizes and balance holding costs in ecommerce inventory management. A new video by Michael Weir, Founder of The Inventory Boss. Apart from the seller's forecast, the EOQ ...

Judging from all the cheering going on among Obamacare enthusiasts--including the usual suspects such as Paul Krugman as well as the president himself--you would think Obamacare had bent the cost ...

There has been much debate about whether the various health reform bills being debated in Congress contain enough measures to reform the health care delivery system and slow the rate of growth in ...

1. If marginal product is decreasing, then average product must also be decreasing. 2. For a fixed-proportion technology, inputs cannot be substituted for each other in production. 3. The marginal ...

This is an important distinction to understand. Private costs to firms or individuals do not always equate with the total cost to society for a product, service, or activity. The difference between ...

Abatement costs have emerged as a key tool to drive the decarbonization of economies, reduce its cost, and to assess the efficiency of a technology, an investment or a public policy. But how far can ...