Supply Chain

Why did Apple's revenue increase despite a decrease in quantity sold?1.Explain intuitively why Apple’s revenue has increased after the average sale price increase, even though the quantity sold fell.  2.Given that the average sale price of an iPhone increased from $694 in Q1 2017 to $796 in Q1 2018 (Gartenberg, 2018), calculate the price elasticity of demand for Apple iPhones. 3.Draw a representative demand curve for Apple iPh...

Key Flows of Supply Chain Management of NikeQuestion:Discuss about the Innovation Diffusion of Successive Generations.The report focuses on the supply chain management of the Nike. It explains that how the company is using key flows of supply chain management to meet long-term objectives and goals within the organization. It describes production planning process and MRP system of the Nike. Further, it also explains the significance of the demand...