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Supply chain surplus, also known as supply chain profitability, is a common term that represents value addition by supply chain function of an organization. Jonathan Birkin also defines supply chain surplus as "the difference between the revenue generated from the customers and the overall cost across that supply chain." [2]
In economics, an excess supply, economic surplus [1] market surplus or briefly supply is a situation in which the quantity of a good or service supplied is more than the quantity demanded, [2] and the price is above the equilibrium level determined by supply and demand. That is, the quantity of the product that producers wish to sell exceeds ...
In mainstream economics, economic surplus, also known as total welfare or total social welfare or Marshallian surplus (after Alfred Marshall ), is either of two related quantities: Consumer surplus, or consumers' surplus, is the monetary gain obtained by consumers because they are able to purchase a product for a price that is less than the ...
These factors helped bring the United States federal budget into surplus from fiscal years 1998 to 2001, the only surplus years since 1969. Debt held by the public, a primary measure of the national debt, fell relative to GDP throughout his two terms, from 47.8% in 1993 to 31.4% in 2001.
Edmund Scientific Corporation, based in Barrington, New Jersey, was founded in 1942 as a retailer of surplus optical parts like lenses. It later branched out into complete systems like telescopes and microscopes, and in the 1960s, a wide variety of science toys and kits. Through the 1970s and 80s they were best known for their mail order sales ...
Surplus store. A surplus store or disposals store is a business that sells items and goods that are used, purchased but unused, or past their use by date, and are no longer needed due to excess supply, decommissioning, or obsolescence. The surplus sold is often military, government, or industrial goods; in the case of the former two, the ...
Website. www .gcsurplus .ca /mn-eng .cfm. GCSurplus is a Canadian government department responsible for handling moveable Crown assets that a federal department or agency has declared as surplus under the Surplus Crown Assets Act (R.S., c. S-20, s. 1). [1] Surplus assets are typically auctioned off to the public through the GCSurplus website.
Supply (economics) In economics, supply is the amount of a resource that firms, producers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual. Supply can be in produced goods, labour time, raw materials, or any other scarce or valuable object.
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