The Lounge is rated PG. If you're about to post something you wouldn't want your
kid sister to read then don't post it. No flame wars, no abusive conduct, no programming
questions and please don't post ads.
Don't be cheap. It is well known Vista64 needs at least 8GB to run Word.
If you can't afford 8GB I recommend you use Wordpad instead.
Luc Pattyn [Forum Guidelines][My Articles] - before you ask a question here, search CodeProject, then Google
- the quality and detail of your question reflects on the effectiveness of the help you are likely to get
- use the code block button (PRE tags) to preserve formatting when showing multi-line code snippets
This is a bit simplistic but this isn't an economics lounge!
You make 10 cars at £10 each and sell two at £12. You are left with a stockpile of 8 cars you can't sell and you have to rent space to store them costing, say, £1 per car. Total income £24, total costs £108, loss £84. (I'll not bother with book values of the unsold cars).
Your costs rise 10%, do you pass this rise on?
If you make 10 cars at £11 each and sell all ten at £7, plus all your stockpile of eight cars, no storage costs. Total income £108, total costs £126, profit £18.
If you make 10 cars at £11 each and sell two at £12, stockpile rises to 16 cars. Total income £24, total costs £126, loss £102.
If you make 10 cars at £11 each and sell one at £13. Total income £13, total costs £129, loss £116.
Demand remains subdued, do you want to shut down some factories?
and so on
If your costs rise but the market won't bear a price rise you are better off cutting prices to sell unsold stock at a loss than passing on your costs. High street retailers do this every year to churn revenue - but carmakers seem to prefer to fill up unused airports.
"If you reward everyone, there will not be enough to go around, so you offer a reward to one in order to encourage everyone."
Mei Yaochen in the 'Doing Battle' section of Sun Tzu's: Art of War.
An oldie, but I was reminded of it this morning and thought I'd share it
A zookeeper wanted to expand the number and types of animals that were being hosted at the zoo so he went ahead and started to compose a list of animals to the zoo administration when he got to the Mongoose.
Hmm he thought.
We would also like to obtain a pair of Mongooses...
That's not right the zookeeper thought. So he tried a different approach
We would also like to obtain a pair of Mongeese...
That sounds even worse.
Finally, he had an idea!
We would also like to obtain a Mongoose, and while you're at it, make them two...
Asu no koto o ieba, tenjo de nezumi ga warau.
Talk about things of tomorrow and the mice in the ceiling laugh. (Japanese Proverb)
John Andrew Holmes "It is well to remember that the entire universe, with one trifling exception, is composed of others."
I've never ever worked anywhere where there has not been someone who given the choice I would not work with again. It's a job, you do your work, put up with the people you don't like, accept there are probably people there that don't like you a lot, and look forward to the weekends.
- Josh Gray.
Last Visit: 31-Dec-99 18:00 Last Update: 29-May-17 0:52