Upward pricing pressure in mergers of capacity‐constrained firms

2021 ◽  
Author(s):  
Daniel Greenfield ◽  
Jeremy A. Sandford
Keyword(s):  
1978 ◽  
Vol 92 (3) ◽  
pp. 387 ◽  
Author(s):  
Robert E. Dansby

2001 ◽  
Vol 31 (2) ◽  
pp. 236-245 ◽  
Author(s):  
A Maarit I Kallio

Efficient functioning of the wood market is crucial in a country where the forest sector is of strong macroeconomic importance. We investigate the possibility of noncompetitive behavior of the buyers in the Finnish pulpwood market. We simulate the buyers' behavior under alternative competition structures (perfect competition, Cournot oligopsony, and monopsony) and compare the simulated equilibria with the observed behavior in the years 1988–1997. In the static models the pulp industry firms are assumed to maximize their short-run variable profits either under fixed production capacity or, hypothetically, under variable capacity. The results suggest that, during the boom years, the industry has been capacity constrained, sometimes even for monopsony output. During the recession years, the actual wood prices have often been between simulated Cournot oligopsony and monopsony prices. Hence, noncompetitive behavior of the buyers is possible during the recessions. The capacity investment behavior of the industry is explored with dynamic models. The conclusions from these models depend on the price elasticity of pulpwood supply used.


Author(s):  
Jianfang Yang ◽  
Hao Lin ◽  
Junbiao Guan

In many public spaces (e.g. colleges and shopping malls), people are frequently distributed discretely, and thus, single-source evacuation, which means there’s only one point of origin, is not always a feasible solution. Hence, this paper discusses a multi-source evacuation model and algorithm, which are intended to evacuate all the people that are trapped within the minimum possible time. This study presents a fast flow algorithm to prioritize the most time-consuming source point under the constraint of route and exit capacity to reduce the evacuation time. This fast flow algorithm overcomes the deficiencies in the existing global optimization fast flow algorithm and capacity constrained route planner (CCRP) algorithm. For the fast flow algorithm, the first step is to determine the optimal solution to single-source evacuation and use the evacuation time of the most time-consuming source and exit gate set as the initial solution. The second step is to determine a multi-source evacuation solution by updating the lower limit of the current evacuation time and the exit gate set continually. The final step is to verify the effectiveness and feasibility of the algorithm through comparison.


2014 ◽  
Vol 34 (03) ◽  
pp. 322
Author(s):  
Maman Zuriwiatma ◽  
Mirwan Ushada ◽  
Guntarti Tatik Mulyati

Tempe ”Muchlar” is one the potential food indutry which all the job is pursued manually. The production process is based on the worker capacity. The main problem is the industry could not fulfi ll the production target of half-finished Tempe product of + 3.600 kg.  The research objective is to identify Capacity Constrained Worker using standard time, heart rate, profi le of mood states and recommending the improvement to increase the worker capacity. The measurement results were confi rmed using analysis of working environment. The research results indicated that Capacity Constrained Worker of Tempe Industry was the worker of peeling. It was indicated by the standard time of 5,63 detik/kg that could not fulfi ll the production target of 3.600 kg in 5 work hours. The improvement was pursued by decreasing the room temperature of working station. The improvement could increase the standard time of 5 second/kg, fulfi lling the production target and increasing the income. Finally the improvement using Buffer Management could improve the Capacity Constrained Worker in Tempe Industry “Muchlar”.Keywords: Standard time, Capacity Constrained Worker, production target ABSTRAKTempe ”Muchlar” merupakan salah satu industri pangan yang semua pekerjaannya dilakukan manual sehingga proses  produksinya sangat tergantung kapasitas dari pekerja. Permasalahan muncul karena target produksi tempe setengah jadi sebesar + 3.600 kg tidak tercapai.  Penelitian ini bertujuan untuk mengidentifi kasi Capacity Constrained Worker yang terjadi menggunakan pendekatan waktu baku, denyut jantung, profile of mood states serta menentukan perbaikan yang tepat untuk dapat meningkatkan kapasitasnya. Hasil pengukuran terhadap pekerja dikonfi rmasi dengan analisis keadaan lingkungan kerja. Dari hasil penelitian dapat ditentukan bahwa pekerja yang menjadi Capacity Constrained Worker adalah pekerja stasiun pemisahan kulit. Hal ini dibuktikan dari waktu baku yang diperoleh sebesar 5,63 detik/kg yang membuat target produksi sebesar 3.600 kg dalam 5 jam tidak tercapai. Dengan perbaikan yang dilakukan yaitu menurunkan suhu ruangan dari tinggi ke normal waktu baku pekerja dapat meningkat menjadi 5 detik/kg dan target produksi dapat tercapai serta meningkatkan pendapatan. Perbaikan dengan menerapkan buffer management dapat mengurangi stasiun kerja yang menjadi constraint. Kata kunci: Waktu baku, Capacity Constrained Worker, target produksi


Author(s):  
Marcel Heimar Ribeiro Utiyama ◽  
Fernanda Caveiro Correia ◽  
Dário Henrique Alliprandiniis

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