A) Shipper: J&J Company 123 John Street Toronto, ON, Canada, L5R 2N3 Shipment: 140 cartons of books Total weight: 426 kg Dimensions of each carton: 15 cm x 49 cm x 47 cm B) Shipper: R&R Company 432 Avenue Road Toronto, ON, Canada, R2S 1A3 Shipment: 380 cartons of umbrellas Total weight: 700 kg Dimensions of each carton: 39 in x 18 in x 19 in What is the profit on this shipment? full calculation
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Your company offers a weekly consolidation service from Toronto to Frankfort , via Lufthansa Airways. The carrier has given you a 1000 kg (or less) buying rate of CAN $2.27/kg and a plus 1000 kg buying rate of CAN $1.85/kg. You sell this service to clients who ship 700 kg (or less) at a rate of CAN $2.95/kg and for clients who ship in excess of 700 kg at a rate of CAN $2.55/kg.
A) Shipper: J&J Company
123 John Street Toronto, ON, Canada, L5R 2N3
Shipment: 140 cartons of books Total weight: 426 kg
Dimensions of each carton: 15 cm x 49 cm x 47 cm
B) Shipper: R&R Company
432 Avenue Road Toronto, ON, Canada, R2S 1A3
Shipment: 380 cartons of umbrellas Total weight: 700 kg
Dimensions of each carton: 39 in x 18 in x 19 in
What is the profit on this shipment? full calculation
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- A- Determine the transportation cost for a parcel - with size 230 cm X 180 cm X 300 cm - and weight 7654 Kg - Rate quoted is $93 per tone / per cubic meter On which base the carrier is going to offer freight cost, and whyUse the 5P model on a low- cost airline companyA manager at Strateline Manufacturing must choose between two shipping alternatives: two-day freight and five-day freight. Using five-day freight would cost $180 less than using two-day freight. The primary consideration is holding cost, which is $8 per unit a year. 2,300 items are to be shipped. Which alternative would you recommend?
- Tsaltz Inc. of Hamilton, Ontario, is a distributor of starwars themed dog tags to pet store retailers. Its market area spans most of Ontario. The dog tags are made in Calgary, Alberta, and currently shipped to Ontario via motor carrier transportation. Easton, Director of Logistics, has asked his staff to evaluate using Rail car carrier service to ship the dog tags. He obtained the following data for you to make your recommendation which carrier is best for the company. Data: R= Annual rate of demand 5000 cases V= Value of cost of 1 unit of inventory $ 48.00 per case W= Carrying cost per dollar value of inventory per year 15% inventory carrying cost A= Cost of placing an order $ 37.50 cost per order In-transit inventory carry cost 9% Transit time using motor carrier (parcel ground) 2 days Transit time using Rail car carrier 1 days Motor carrier rate $ 0.66 per cwt (100 lbs) Rail car carrier rate $1.25 per cwt (100 lbs) Unit weight 25 pounds EOQ units 228.00 units EOQ pounts…A company is using a carrier to deliver goods to a major customer. The annualdemand is $2,500,000, and the average transit time is 10 days. Another carrier promises to deliver in 7 days. What is the reduction in transit inventory?The Federal Aviation Administration posts monthly percentage on-time arrival data for all the major airlines on its website. Some airlines are regularly on the top of the list, while others are frequently on the bottom of the list. What type of service gap does this list illustrate? What can airlines on the bottom of the list do to address this gap?
- You are thinking of combining Cell-Tech and Creatine Transport to obtain a 10-day supply that provides at least 90 grams of creatine and at least 10 grams of taurine, but no more than 675 grams of Carbohydrates and no more than 2,500 milligrams of alpha lipoic acid. Use the data on bodybuilding supplements. (Figures shown correspond to a single serving.) Creatine (g) Alpha Lipoic Carbohydrates (g) Taurine Cost |(g) Acid (mg). ($) Cell-Tech 10 75 2 200 2.20 (MuscleTech) Creatine Transport (Kaizen) 35 100 0.60 How many servings of each supplement should you combine to meet your specifications at the least cost? a. 5 servings of Cell-Tech and O servings of Creatine Transport O b. 0 servings of Cell-Tech and 18 servings of Creatine Transport c. 9 servings of Cell-Tech and 0 servings of Creatine Transport d. O servings of Cell-Tech and 10 servings of Creatine Transport e. no solutionWagner Company supplies electric motors to ATK Electronic on adelivered price basis. Wagner has responsibility for providingtransportation. The traffic manager has three transportation servicechoices for delivery: rail, piggyback, and truck.ATK purchases 50,000 units per year at a delivered contract price of$500 per unit. Inventory holding cost for both companies is 30percent per year. Calculate total related costs for each mode oftransportation. Transportation Mode Transit Time,Days Fix Rate, $/delivery Variable rate, $/Unit Shipment size, units 1)Rail 16 10.000 25.00 10.000 2)Piggyback 10 15.000 40.00 8.000 3)Truck-Truck load 4 1.000 75.00 5.000 4)Truck-Less than truck load 4 500 85.00 1.000For a given service level, why does a P system require a larger inventory investment than a Q system? What factors affect the magnitude of the difference?
- Suppose that you have a fleet of dry bulk, tanker and combined carriers. You should determine a chartering strategy for the vessels in accordance with the changes in the freight market.Retailers Warehouse (RW) is an independent supplier of household items to department stores. RW attempts to stock enough items for a 98 percent service probability. A stainless steel knife set is one item it stocks. Demand (2,400 sets per year) is relatively stable over the entire year. Whenever new stock is ordered, a buyer must ensure that numbers are correct for stock on-hand and then phone in a new order. The total cost involved to place an order is about $5. RW figures that holding inventory in stock and paying for interest on borrowed capital, insurance, and so on, add up to about $4 holding cost per unit per year. Analysis of the past data shows that the standard deviation of demand from retailers is about four units per day for a 365-day year. Lead time to get the order is seven days. What is the economic order quantity? Note: Round your answer to the nearest whole number. What is the reorder point? Note: Use Excel's NORM.S.INV() function to find the z value. Round z…Which of the following defines Inbound Logistics the most? 1. The process of finding and purchasing goods and services for the needs of the supply chain. 2. The process of storage and transportation of finished products from a warehouse or distribution center to customers. 3. The process of acquiring raw materials and resources from suppliers and distributing them to manufacturing facilities. 4. The process of planning and control over the use of inventory to ensure that materials are available as required to meet production schedules.