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Discussion
In economics, we will recognize the law of demand and supply, the
law of demand reads "if prices fall then demand increases, and if
prices rise then demand decreases". Requests are goods or services
requested for a certain amount.
There are several factors that affect the supply of goods, namely:
Price of goods
Price of substitute goods or substitute goods
Production cost
Technological will
Tax
Demand and supply are used to determine the price and quantity
sold in the market. This model is very important for conducting
microeconomic analysis of the behavior of buyers and sellers, as well
as their interactions in the market.
3. In a market analysis for paint, an economist finds the facts listed
below. state whether each of these changes will affect supply or
demand, and in what direction.
(a) recently there have been several important inventions which save
costs in paint manufacturing technology.
(B) the paint is durable, so the property owner doesn't need to paint
often.
(c) due to heavy hail, many people need to repaint now.
(d) hail burns several factories that make paint, forcing them to close
for several months.
Answer : The paint industry is predicted to experience slowing
growth in the first quarter of this year. Moment ahead of Eid which
should be able to boost demand has not been felt by paint business
people.
PT Propan Raya Industrial Coating Chemical Chief Executive Officer
Kris Rianto Adidarma said the retail segment would slow down a bit
earlier this year. "The current market tends to be stagnant," he told
Kontan.co.id, Friday (3/22).
Regarding the cause of this stagnation, management is still watching
the market to be able to know in more detail. As before Kris said
there was a possibility of spending a lot of people spent during the
new year yesterday to cause funds for home decoration diverted.
The public purchasing power factor is quite important for Propan,
because the retail segment still dominates the company's sales by
70%, the remaining 30% comes from various projects. Entering
Lebaran the company continues to carry out promotional strategies
and product discounts to attract consumer interest.
Nevertheless Kris hopes that after the general election the market
can still be hoisted up. As a wood paint manufacturer, Propan is still
confident to reap a sizable market in Indonesia according to its
segment.
"We are the market leader in wood finishing, we see competition
and face it with innovation and improve branding," Kris said when
asked about business competition.
With a production capacity of 50,000 tons per year, the company is
estimated to dominate the national market share of 10%.
Regarding business expansion, Propan ensures that the company will
not add new production capacities. As for business targets,
management has set a single-digit growth in 2019.
Meanwhile Jon Tan, CEO of Decorative Paints, PT Nipsea Paint and
Chemicals, said specifically for the regular paint segment at the retail
level has experienced a decline recently.
"For the past three months the market has been very quiet and
demand has fallen, except for the premium segment which has
risen," he explained to Kontan.co.id, Friday (3/22).
Regarding this decline, Jong admitted that he was still looking for it
and had not found a quiet market background earlier this year.
Just so you know, the manufacturer of the Nippon Paint brand is
estimated to control the national paint market share by 25% with a
production capacity, estimated at around 100,000 tons per year.
Because premium products are more prospective, the company's
strategy this year is to focus on premium segments such as
waterproofing and anti-bacterial products. Jon mentioned the
contribution of premium products in terms of sales value has
reached 30% at this time.
Currently between the retail and project segments, Jon said 97% of
Nippon Paint's sales are still dominated by the retail market and the
rest are projects. But seeing the development potential and the
population of Indonesia, it is not impossible that the company will
boost its project lines.
Jon said, some store franchise companies have also appointed
Nippon Paint as their standard paint.
"Like KFC, which makes us the authorized paint supplier for its
branches in Indonesia," he added. In the automotive industry, this
brand is also a paint for many vehicle brands such as Toyota, Honda,
Yamaha, and others.
4. many changes that affect the market for oil. predict how each of
the following events will affect the price balance and quantity on the
market for oil. in each case, state how the event will affect the supply
and demand diagram. sketch a diagram if recessed.
(a) the car becomes more fuel efficient, and thus gets more miles to
the gallon.
(B) winter is very cold.
(c) Large new oil discoveries were made off the Norwegian coast.
(D) economists from several major oil-consuming countries, such as
Japan, slowed.
(e) War in the Middle East disrupts oil pumping schedules.
(f) the land installs additional insulation on the building.
(g) the price of solar energy drops dramatically.
(h) chemical companies find a popular new type of plastic made from
oil.
Answer : Chemical Analysis
.08 max
MN
2.00 max
.03 max
.03 max
Si
.75- 1.50
Cr
17.0- 20.0
Ni
34.0- 37.0
Mo
1.00- 1.75
Cu
1.00 max
Ti
1.90- 2.30
Fe
bal
Sn
.025
pb
.005 max
Carburization resistant
Good nitridation resistance
Resists heat & oxidation
Corrosion resistant
Good strength
Meets UNS N08330 specifications
RA 330 Applications
This diagram can estimate phases that are formed with different
cooling rates. Or in other words, this diagram can see the effect of
the cooling rate on the formed phase.
Each phase has its own mechanical properties, so the nature of the
metal will be determined by the phase contained in it. This means
that the metal (mechanical) properties can be changed or adjusted
to the needs through heat treatment with different cooling rates.
The cooling curve (c) shows continuous cooling with a slow cooling
rate from a temperature of 920 centigrade to 250 centigrade. This
slow cooling causes the austenite phase to decompose to the ferrite
and pearlite phase.