The Acme Company operates four factories that ship products to five warehouses. The shipping costs, requirements capacities, and optimal allocations are shownbelow.Shipping Cost per Case to WarehousesFactoryСарacityW1W2W3W4W5$1.20$3.60| $4.80$6.00$7.20F140,00030,00010,000$2.40$2.40| $1.20$4.80$6.00F230,00025,0005,000$1.20$6.00$1.20$3.60$1.20F330,00010.00020,000$6.00$2.40$4.80$6.00$4.80F425,00025,000Demand30,00035,00025,00015,00020,000125,000What is the total cost of the optimal solution?Total cost = $ (Enter your response to the nearest dollar.)

Optimal Solution is a practical arrangement that is supposed to be optimal arrangement on the off…

The Acme Company operates four factories that ship products to five warehouses. The shipping costs, requirements capacities, and optimal allocations a pelow. Shipping Cost per Case to Warehouses Factory Сарacity W1 W2 W3 W4 W5 $1.20 $3.60 $4.80 $6.00 $7.20 F1 40,000 10,000 $2.40 30,000 $2.40 $1.20 $4.80 $6.00 F2 30,000 25,000 5,000 $1.20 $6.00 $1.20 $3.60 $1.20 F3 30,000 10,000 20,000 $6.00 $2.40 $4.80 $6.00 $4.80 F4 25,000 25,000 Demand 30,000 35,000 25,000 15,000 20,000 125,000 What is the total cost of the optimal solution? Total cost = $ (Enter your response to the nearest dollar.)

The Acme Company operates four factories that ship products to five warehouses. The shipping costs, requirements capacities, and optimal allocations a pelow. Shipping Cost per Case to Warehouses Factory Сарacity W1 W2 W3 W4 W5 $1.20 $3.60 $4.80 $6.00 $7.20 F1 40,000 10,000 $2.40 30,000 $2.40 $1.20 $4.80 $6.00 F2 30,000 25,000 5,000 $1.20 $6.00 $1.20 $3.60 $1.20 F3 30,000 10,000 20,000 $6.00 $2.40 $4.80 $6.00 $4.80 F4 25,000 25,000 Demand 30,000 35,000 25,000 15,000 20,000 125,000 What is the total cost of the optimal solution? Total cost = $ (Enter your response to the nearest dollar.)

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 5.1SC: Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing...

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Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?
(b) Solve the linear program developed in part (a), to determine the optimal production plan. If the amount is zero, enter "0". Qty Produced Phillipines Mexico PT-100 PT-200 PT-300 Total Cost = __________$ (c) Use sensitivity analysis to determine how much the production and/or shipping cost per unit would have to change to produce additional units of the PT-100 in the Philippines plant. If required, round your answer to two decimal digits. At least $ _________/ unit. (d) Use sensitivity analysis to determine how much the production and/or shipping cost per unit would have to change to produce additional units of the PT-200 in the Mexico plant. If required, round your answer to two decimal digits. At least $ _______/ unit.
Q3)) A firm has established a distribution network for the supply of a raw material critical to its manufacturing Currently there are three origins for this raw material, which must be shipped to three manufacturing plants. The current network has the following characteristics: Origin 1 Origin 2 Origin 3 DEMAND Plant 1 $7 $10 Plant 2 $5 $7 $8 45 Plant 3 $2 $3 SUPPLY 30 40 50 120/120 $3 $9 35 40 (a) Calculate a solution using the northwest-corner rule. Calculate the cost of this solution. (b) Calculate the solution using intuitive lowest cost method. Calculate the cost of this solution. (c) Using the solution in (c), calculate improvement indices, iterate once. Can you achieve a better solution? If yes, what is the cost of this solution?
E3 You have been retained as a freight forwarder to export 20 Containers (apples) of TEU’s to Mumbai, India, from Canada OCEAN SHIPMENT The dimensions of each box of apples is: 18v12x18 inchesActual weight of each box is: 5 KgHow many boxes will fit one TEU?What is the CWT?Do you need specialized services, as this can be perishable?What are the documents you need to clear Canadian Customs and Indian Customs?Which type of bill of lading will be used in this scenario, especially if the payment of goods to the exporter has not been made?Which routing will be the most efficient and why?Please discuss the Ocean Conventions currently in placePlease list and discuss five risks involved in the transportation of cargo.As an ocean freight forwarder, please recommend five ways to improve the economic-efficiency of this cargo for future transportation.
Express Logistics provides delivery service seven days a week. The daily requirements (in workers) are estimated as follows: Day M T Requirement 5 4 W 7 ΤΗ 3 F 6 S 3 SU 3 Each employee works five days a week and must have two consecutive days off, according to the contract. a. What is the minimum number of employees required? (If there is a tie in the selection of off days, S and SU days are given a preference). b. What is the worker schedule? You should show the schedule for each employee (stating their start day and the off days clearly).
2) A company is considering a plan to produce or buy/outsource a certain item used in the production of new type of cars. Making the item would involve annual lease costs of $150,000. Cost and volume estimates are as follows: Make Buy Annual fixed cost $150,000 None Variable cost/unit $60 $80 Annual volume 12,000 12,000 (units) a. Given these numbers, should the firm buy or make this item? b. There is a possibility that volume could change in the future. At what volume would the company be indifferent between making and buying?
Way Cheap has 16 warehouses, 12 have stock inventory of 50,000 and 4 have stock inventory of 100,000. a. What is their current total safety stock, and what will be their new required safety stock if they reduce to a total of 9 warehouses? b. If instead of 9, they drastically decreased from 16 to 4 warehouses, what would be their new safety stock level? c. As a supply chain consultant, what would you counsel Way-Cheap are potential downsides of drastic warehouse downsizing, to be contrasted against the benefit from decreased safety stock requirements? Plz send answer fast I will upvote
Use the following information for the next 2 problems: A warehouse is to be built that will support three factories. The (x,y) location of each factory, annual volume and transportation rate from each factory is given below. Use a map scaling factor of K=500 miles. Factory Xi Yi Vi: Annual Volume (cwt) Ri: Rate ($/cwt per mile) ViRi ViRiXi ViRiYi 1 1.6 6.3 4,000 0.02 2 7.2 4.0 10,000 0.04 3 2.0 3.0 3,000 0.05 Totals: 1.Using the COG method, what is the optimal (x,y) location of a single warehouse? - (5.25,4.05) - (3.25, 4.05) - (4.5, 3.65) - (4.5, 5.15) - (5.25, 5.15) - (3.25, 3.65) 2.If the warehouse is located at an (x, y) of (8, 3), what would be the total transportation cost? - $994,153 - $874,153 - $844,153 - $904,153 - $964,153 - $934,153 3.According to Weber’s classification of industries. A weight-losing production process…
Lot sizing A producer with one product faces the following forecasted demand for the next 10 weeks: week 1. 2. 3. 4. 5. 6. 7. 8. 9. 10 Requirement 30 12 72 11 24 42 35 30 75 68 Assume furthermore that the producer faces a Set-up cost (K) equal to 132 each time production takes place and storage costs (h) of 0.6 per unit per week. a) Find the cost of the two extreme strategies Lot - for - lot (produce exactly what is needed in each period) and Produce - once (produce everything needed in the first period).
Destination Destination Destination Supply Source 1 75 8 320 Source 2 6 160 13120 4. Source 3 6.5 Demand 160 200 240 Based on the transportation table shown, total transportation cost using North- West Corner Method will be: a. 3040 Ob. 4100 O c. 2640 O d. 1920
A logistics manager wants to assess how varied the weight of lorry loads is over a period of time. He takes a 5 samples of 20 lorry loads (n) and notes the average load (tonnes) and the range within each sample. Sample Weight average in tonnes (x) Range (R) 1 15.5 4.5 2 12.3 5.3 3 8.8 6.2 4 10.3 5.2 5 13.1 3.8 What are the population means for the mean and the range? What are the upper and lower control limits for the sample means chart? What are the upper and lower controls for the range chart?
summanzed below: WAREHOUSE FACTORY F1 9 12 7 18 6 8 13 9 21 20 7 10 11 12 7 F3 14 15 22 Factory output and warehouse supplies that must be maintained are as follows: Eachory Mnits produced/day Warehouse Daily Supply #1 35 1 15 #2 25 2. 12 #3 40 3. 22 24 32 4. 30 5. 20 Determine; a. The best possible factory-to-warehouse shipping program using Vogel's Approximation Method. b. What is the cost of this shipping program?