Posts Tagged ‘supply chain’

  • Everyday Economics of the iPhone 6 supply chain

    What Do iPhones & Pencils Have in Common?

    Sep 24, 14 • 574 Views • No Comments

    Whether looking at the supply chain for a pencil or an iPhone 6, we see globalization because price system incentives create cooperation....  [read more]

  • Boeing Dreamliner Image from Boeing.com

    Supply Chain: 787 Dreamliner Problems

    Jan 29, 13 • 1488 Views • No Comments

    To understand Boeing’s supply chain problems with its grounded 787 Dreamliners, we can start with Legos. Legos told one reporter that 18 bricks from every 1 million made are defective. If a problem piece is discovered, the company can identify its mold...  [read more]

  • How much should cities plan for the storm of the century?

    Hurricane Sandy Stories

    Nov 6, 12 • 380 Views • No Comments

    Just some notes today about close-to-home Hurricane Sandy economics. Trees: Walking down my NJ street, I stopped to talk with 2 gentleman in a truck from Gainesville, Florida. They said they did tree work and had driven the 1000 miles to look for business....  [read more]

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    Where Did Your Tuna Fish Come From?

    Jun 22, 11 • 197 Views • No Comments

    The tuna you had for lunch might have been caught in the Pacific, processed and canned in Thailand, and flown to a Wal-Mart warehouse in the U.S. Concerned about monitoring quality, a recent report from the Food and Drug Administration (FDA) tells us that...  [read more]

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    The Missing Sensor

    Mar 29, 11 • 245 Views • 1 Comment

    According to one estimate, worldwide auto production could slide by 30% because Hitachi Automotive’s Sawa Ibaraki Prefecture plant was debilitated by Japan’s earthquake and tsunami. Hitachi Automotive makes the air flow sensors that are crucial in...  [read more]