Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.
Editor’s note: The following article is a joint project of professors in the University of Tennessee Knoxville’s Global Supply Chain Institute. For more on the Institute, click here. Demand planners ...
For the first time, the IHS Markit base case scenario for refined products expects total global demand in 2050 to be lower than 2019 levels. However, other more drastic scenarios for falling demand ...
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