East West Transportation Simulation

Essay from the year 2009 in the subject Business economics - Supply, Production, Logistics, grade: 91.00, University of Phoenix, course: ECO 365 Principles of Microeconomics, language: English, abstract: Businesses are categorized in one of several market structures. Economic factors such as supply and demand affect business structures such as perfect competition, monopolies, monopolistic competition, and oligopolies. This paper, authored by the CEO of East-West Transportation, Inc. will discuss the recommendations of the consulting firm Brighton, Young, and Roy (BYR), Inc. BYR was hired to investigate the various East-West divisions such as consumer goods, coal, chemicals, and forest products and identify market structures and possible courses of action to continue profitability or reduce losses for those divisions reporting losses.