(b)Consider a transportation model with m sources and n destinations.Describe briefly how you can resolve the following situations whilesolving the problem:(i)Total supply is greater than total demand,

The question is related to Transportation Problem. In a transportation problem the demand must be…

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Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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The objective function of a transportation problem is to: A. maximize transportation cost B. maximize supply quantities C. minimize total shipping cost D. minimize total demand Don't answer by pen paper and don't use chatgpt otherwise we will give dounvote
Company A has hired you to evaluate its shipping costs. The following table shows present demand, capacity and freight costs between each factory and each warehouse. Find the shipping pattern with the lowest cost. Use the northwest-corner method. What is its total cost? Use the intuitive lowest-cost approach. What is its total cost? Based on your findings in question above, comments the effective approach in conducting the transportation method. Briefly explain the different, limitation, advantages, disadvantages and feasibility of each approach
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
The AB e-commerce company has started operating by using a 3PL partner and benefits from saving time and money with a more streamlined order fulfillment process and inventory management. By outsourcing fulfillment, the 3PL is automatically notified when an order is placed.Also, partnering with a 3PL helps reduce logistics costs in the long run. Unlike hiring an internal team to manage inventory and shipping, 3PLs store the inventory and their team of fulfillment experts are trained to keep overall logistics costs down. Furthermore, 3PL arrangement helps split inventory across locations so the company can eliminate shipping to the highest, most expensive shipping zones and keep inventory closer to more customers.To have a more integrated distribution process, would reducing dependency on 3PL be a viable option in the long term for the AB company for cost management and control? Justify with your understanding of supply chain management concepts. also, using your knowledge of other open…
Explain the following sentence "In reality, it can be difficult for managers to achieve logistics management goals when designing logistical procedures because they may face heavy stresses on the supply chain such as rising overall costs"??
Open with Google Docs Bangladesh is currently experiencing its worst economic conditions in decades due to the Russia-Ukraine war and fuel shortages in the international market which has caused the dollar to increase in value. Importers have struggled to import products at higher prices, and the Bangladesh government's intervention to prevent a drastic spike has resulted in the control of LC openings, thus adversely affecting import growth in Bangladesh. On the other hand, exports have also been affected by the Russia-Ukraine war as EU countries have become more conscious of their spending and are now focusing on essential commodities. The amount of apparel they used to import from Bangladesh has decreased, causing Bangladeshi garments to receive fewer orders from the European Union and US markets. Inflation in Bangladesh rose to 6.2 per cent in the last fiscal year, up from 5.6 per cent the previous year. This was largely due to strong domestic demand and increased global prices of…
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Intermodal Management is a key element to any business where the transportation of freight is critical to the organization. a. Why has the development of a global economy created the need for an effective intermodal transport system? b. The pricing of intermodal movements has based on the combination of the modes of transportation that used for the shipment. What example can you find to support the statement? c. Moving freight from one location to another presents many challenges. Give two (2) of those challenges with recommendations to reduce the impact of each one.
2.) Your business provides technical support for very complex and specialized machinery used by companies throughout the country, and you currently have support centers at 5 locations. However, due to a poor market, you have been forced to close your centers in Houston and San Diego. You will have to relocate all of your technicians in these two centers to your other three centers in Cleveland, Seattle, and Charlotte. Due to the varying costs of living in each city, and travel and retraining times, the cost for relocating an employee varies depending on where the employee is moving. These costs are given in the following table: To: From: Cleveland Seattle Charlotte $5,000 | $7,000 $7,000 $4,000 $6,000 $8,000 Houston San Diego You currently have 40 employees in Houston and 55 employees in San Diego, which all need to be relocated. Cleveland is able to take in at most 35 relocated employees, Seattle can take in at most 32 employees, and Charlotte is able to take in at most 50 employees.…
This page is related to Transportation and freight forwarding Project two Dalia, the CEO of ExpressMove, a 3PL, provides trucking-based transportation services as well as warehousing and distribution centres. The main focus of her company is on providing freight management and contract logistics. However, ExpressMove is a 3PL that does not own assets, so the managed services are provided by other providers. According to Dalia, the core competence of ExpressMove is in innovation, tech, people, and building and managing great relationship with both suppliers and customers. Dalia is considering a move to 4PL to serve a select set of customers. She has supply chain planning service in mind. This would be added to the more traditional services they are offering as a 3PL such as transportation and contract logistics. She believes that the next logical step for her company, given her track-record with the great customer service they are offering, would be towards a more consultation role,…
Please solve this Optimization problem using VAM method manually

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(b)Consider a transportation model with m sources and n destinations. Describe briefly how you can resolve the following situations while solving the problem: (i) Total supply is greater than total demand,