Record Details
Field | Value |
---|---|
Title | Supplier opportunity cost of lost sales in the aluminum industry |
Names |
Hudson, John William
(creator) Riggs, James L. (advisor) |
Date Issued | 1968-09-16 (iso8601) |
Note | Graduation date: 1969 |
Abstract | A market survey of aluminum users' purchasing policies and the concept of opportunity costs are combined in a quantitative decision model designed to assist aluminum suppliers' efforts in directing products and services improvements. The opportunity cost, as the percentage of business forgone, is determined for seven criteria representing the products and services interface linking users to their suppliers. These percentages can then be converted to actual sales dollars lost. An example application is included to explicate this conversion. The mutual advantages of such a decision model are then presented for both users and suppliers in terms of strategic profit optimization rather than tactical cost reduction. |
Genre | Thesis/Dissertation |
Topic | Aluminum industry and trade -- United States |
Identifier | http://hdl.handle.net/1957/46643 |