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Author Topic: Economies of Scale *Free Browser Game*  (Read 324047 times)

Sowelu

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Re: Economies of Scale *Free Browser Game*
« Reply #960 on: April 19, 2012, 08:06:11 pm »

Or make smaller batches to take advantage of quick trends and reinvest your profits immediately~.

Give me $1m today and $1m tomorrow, or $1.8m today...I'll take $1.8m today.

Of course it's not always so clear-cut, but hey.
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Muz

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Re: Economies of Scale *Free Browser Game*
« Reply #961 on: April 19, 2012, 08:25:47 pm »

Wtf price inflation.. vanilla beans cost over a hundred now.
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Sowelu

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Re: Economies of Scale *Free Browser Game*
« Reply #962 on: April 19, 2012, 08:29:25 pm »

I wouldn't call that inflation.  I would call that "there are no vanilla beans on the market, but there is someone being a douche".
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Some things were made for one thing, for me / that one thing is the sea~
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Scelly9

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Re: Economies of Scale *Free Browser Game*
« Reply #963 on: April 19, 2012, 08:30:06 pm »

So, I'm gonna start another company. Anyone have any ideas on which market I should go into?
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Re: Economies of Scale *Free Browser Game*
« Reply #964 on: April 19, 2012, 09:06:09 pm »

Beef steak for sale on b2b for $120. They cost roughly $3 to make at that quantity with current cattle prices. 40x cost on b2b? I wonder if someone will still buy them.

I should start selling my excess raw meats. Have 180k beef roasts being produced by tomorrow to be made into roast beef, I might be better off selling them on the b2b if people are so desperate for raw meat lol.
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MrWiggles

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Re: Economies of Scale *Free Browser Game*
« Reply #965 on: April 19, 2012, 09:08:32 pm »

I've just listed an entire import flipped inventory for sporting goods.
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ndkid

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Re: Economies of Scale *Free Browser Game*
« Reply #966 on: April 19, 2012, 09:21:37 pm »

Beef steak for sale on b2b for $120. They cost roughly $3 to make at that quantity with current cattle prices. 40x cost on b2b? I wonder if someone will still buy them.

I should start selling my excess raw meats. Have 180k beef roasts being produced by tomorrow to be made into roast beef, I might be better off selling them on the b2b if people are so desperate for raw meat lol.

Just to give an example, if those are the only beef steaks available, according to my spreadsheet, in current market conditions, and ignoring advertizing, selling those beef steaks in my 10-m3 Farmer's market will sell 0.15 beef steaks an hour, netting me a profit-per-tick on beef steaks of $18.33. This is a middle-high per-tick return for a good in the farmer's market. If the current food shortages are still on, consumer demand has been around 6-8 times above normal, so my per-tick profits would be similarly multiplied.

Now, obviously, the producer of the beef steaks is making out like a bandit in the deal compared to me, but if I boycott his steaks, that $18.33 per-tick profit I could be making goes to 0.

When there's only one person producing a good in the B2B, and there's no import of that good, they can charge $1M for that good, and it'll still be worth it for the retailer to buy it, because selling *something* is better than selling *nothing*, because in the current model Scott has set up in EoS, there is no sense of replacement goods, nor a price that consumers are unwilling to pay... the curves are smooth with no cutoff.
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ndkid

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Re: Economies of Scale *Free Browser Game*
« Reply #967 on: April 19, 2012, 09:35:08 pm »

Just an addendum to my previous post: the important thing that I keep in mind, as a retailer, when I buy these inflated goods, is to never buy too much. What "too much" means is a function of my current liquidity situation and how volatile the market is. In the beef steak example, I don't want more than a couple of days worth of inventory at these overpriced levels. Therefore, if I'm selling 0.15 beefsteak per tick, that's very close to 15 steaks a day. So, I probably only want to be 30 of these $120 steaks to turn around and sell at $240.

However, with the food craze, I push that out to five "day equivalents" which should be a little less than a day at current (crazed) consumption rates. So, I went and bought 120 of those overpriced sirloins. Over the next day or two, I'll make a total of $14,400 on them, that I wouldn't have made before. Not a big piece of my total bottom line, to be sure, but still $14.4k I wouldn't have had before.
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Muz

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Re: Economies of Scale *Free Browser Game*
« Reply #968 on: April 19, 2012, 10:22:44 pm »

I wouldn't call that inflation.  I would call that "there are no vanilla beans on the market, but there is someone being a douche".

No, I mean on imports. They used to be importable.
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MarcAFK

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Re: Economies of Scale *Free Browser Game*
« Reply #969 on: April 20, 2012, 12:31:29 am »

anybody noticed the lazy x2 button yet? awesome for retail grind.
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MrWiggles

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Re: Economies of Scale *Free Browser Game*
« Reply #970 on: April 20, 2012, 12:32:31 am »

Dont get used it.

Scott talk about that being a Premium Feature.
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MarcAFK

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Re: Economies of Scale *Free Browser Game*
« Reply #971 on: April 20, 2012, 12:36:19 am »

I'm not going to get used to making profit either, all my cash is going into the car buisiness and they really do sell like crap :P
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Domenique

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Re: Economies of Scale *Free Browser Game*
« Reply #972 on: April 20, 2012, 01:09:24 am »

Dont get used it.

Scott talk about that being a Premium Feature.

Oh dear, here we go again. I am going to play this as long as there are no "Premium Features" that give others advantage...
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Zangi

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Re: Economies of Scale *Free Browser Game*
« Reply #973 on: April 20, 2012, 01:14:49 am »

I sell things much higher anyways...
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LoSboccacc

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Re: Economies of Scale *Free Browser Game*
« Reply #974 on: April 20, 2012, 01:59:04 am »

anybody noticed the lazy x2 button yet? awesome for retail grind.

I preferred a lazy button with a text field, I use x4  :P
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