Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
expand_more
expand_more
format_list_bulleted
Question
As the new profit center manager, you switch carriers to a more expensive, but quicker, more responsive transportation carrier. You justify this because when using a(n) perspective, your overall inventory and warehouse savings more than offset the increase in transportation costs.
1 lane operations
2 economic order quantity
3 total cost
4 ABC
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 3 steps
Knowledge Booster
Similar questions
- compare and contrast how UPS and FED EX conduct transportation operations in support of their delivery missions.arrow_forwardGiven the huge volume of small packages that Amazon ships every year, should it consider starting its own transportation company instead of giving all that business to UPS and other shippers? Why or why not?arrow_forwardMost managers believe that while it is possible to connect logistics decisions to costs, the connection to revenue enhancement is difficult to impossible. Do you or disagree? Why?arrow_forward
- Which of the following is not information needed to use the transportation model? Multiple Choice Unit shipping distances. Capacity of the sources. All of the answer choices are correct. Demand of the destinations. Unit shipping costs.arrow_forwardIn your own words, describe EDI and how it works in a logistics environment.arrow_forwardIn this problem, your company is a distributor of products. You serve as an inventory manager for the regional distribution center (DC) here in the Atlanta area. In this role, you schedule the purchase and shipment of products from various suppliers inbound to the Atlanta DC. Once you receive the products at the DC, they are stored in inventory until they are picked, packed, and shipped outbound to your company's downstream customers in response to orders. For each of your products, you currently use a single, dedicated supplier. Each of your suppliers ships their products to you from their facility using trucking services, and they provide you with choices of different LTL or truckload trucking carriers depending on your shipment size. Consider managing inventory now for product 101 produced by Supplier A. Currently, you face demand for product 101 of about 200 units per week. Each unit of product 101 has a purchase cost p of $500 and you decide to value your inventory at the slightly…arrow_forward
- Case 1: Distribution woes hobble start-ups in India At 4 am every day, you will find a crowd of hawkers near the Chhatrapati Shivaji Railway Terminus in Mumbai. They line up to buy their daily inventory of newspapers and magazines from 15-odd distributors, all located in a dark lane outside the nearby New Empire Cinema. After making their purchases, the street vendors fan out into the city on bicycles, motorbikes, rickshaws, and trains. By 6 am, the crowd has vanished, and if you walk past the theatre during the day, you will most likely miss the nerve centre of magazine and newspaper distribution in Mumbai. Most hawkers in Mumbai have a cash budget of around US$3 or US$4 a day, and they usually have a similar amount tied up in unsold inventory (returns). Elsewhere in the country, vendors have even less cash to spare. The key question an entrepreneur wishing to launch a new periodical must ask is: Why would a hawker want to lock up his scarce capital in my product? Failing to ask that…arrow_forwardTransportation mode decisions are generally driven by two major factors: cost and servicearrow_forwardThe logistics of moving goods around the world-between countries and within countries-has been troubled by volume constraints in most parts of the supply chain from carriers to warehousing. O primarily in warehouses and distribution centers O primarily in ocean and rail carriers O mostly in the trucking industryarrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.