Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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1. Explain the concept of total landed cost as it related to transportation. How does it influence market boundaries?
2. Explain the concept of time utility with suitable example.
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- Needs allarrow_forwardThe purpose of this assignment is to utilize Distribution Requirements Planning (DRP) parameters and inventory data to determine planned order releases in central warehouses. address each problem using full sentences and proper spelling and grammar and submit in an Excel template. 2. For the warehouse of Figure 14.8, suppose actual demands were 24, 16, and 18 in periods 1, 2, and 3, respectively. The initial DRP record is: Forecast requirements In transit Projected available balance Planned shipments Q=40; lead time=1; SS=6. 6 1 20 40 26 Period 2 3 4 5 20 20 20 20 6 266 26 40 40 a. Create the other three DRP records as done in Figure 14.8. What problem is created in period 2? What can be done? b. Does error addback work for this set of circumstances?arrow_forwardforgiven product demand the time series trying equation is 53.3+2.1 X what is your forecast demand for period six?arrow_forward
- Draw a class diagram representing the relationship between travelers and the hotels in which they stayarrow_forwardWeighted factor methodUse the table to calculate the most ideal X coordinate for supermarket Point Quantity offered/requested Transportation costs Coordinate X Coordinate Y Supermarket 1 3,000 0.04 4 8 Supermarket 2 3,500 0.04 7 2 Supermarket 3 2,000 0.07 3 5 Supermarket 4 1,500 0.07 7 4 Supermarket 5 1,200 0.07 6 8arrow_forwardThe MaskMake Company manufactures a variety of masks for the healthcare professionals around Ireland. Company vans are used to deliver local orders directly to retail outlets. When their business was small, the drivers of the vans were free to take routes of their choice as they made the delivery rounds to the retail outlets. However, as the business has grown recently due to the outbreak, transportation and delivery costs have become significant. In an effort to improve the efficiency of the delivery operation, MaskMake management would like to determine the shortest delivery routes between retail outlets. For example, the following network shows the roads (distance in km) that may be taken between a retail outlet at node 1 and a retail outlet at node 11. 3 3 6 10 11 6 4 10 1 7 4 2 4 10 Determine the shortest route for a van that is currently at node 1 and must make a delivery to node 11. 2. 3.arrow_forward
- Tasty Bread Company has monthly demand for one of its products as follows: March= 520; April=490; May=550; June=580; July=600; August=420. Compute the three-month moving average for July.arrow_forwardWhat are the possible factors that could be responsible for food not being available at the right time to reach the resident in a healthcare facility? Include at least 4 categories and list 2 possible specific issues for each category.arrow_forwardProblem 12-15 (Algo) Given the data shown below, calculate the slope and intercept using simple linear regression. (Round your intermediate calculations and final answers to 1 decimal place.) Period: Demand: 1 2 3 4 5 6 22 29 42 50 54 61 Slope Interceptarrow_forward
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