[Download] ~ Palmyra Trading Company # by Gregory S. Zaric ~ eBook PDF Kindle ePub Free
eBook details
- Title: Palmyra Trading Company
- Author : Gregory S. Zaric
- Release Date : January 11, 2002
- Genre: Business & Personal Finance,Books,Economics,
- Pages : * pages
- Size : 410 KB
Description
Palmyra Trading Company imports commodities from Europe and Asia for sale in the Syrian wholesale market. The vice-president has been advised that the company is still in contention in a tender bid, but has been asked to submit a new bid at a lower cost. The vice-president is aware that a competitor was in the same situation. The vice-president must determine the range of bids the company could make to secure the contract and perform a sensitivity analysis to determine his options under various assumptions about the actions of competitors in the bidding process. A simple model can be constructed to analyze the bidding problem and determine the bid range.