Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
expand_more
expand_more
format_list_bulleted
Question
Develop a new quantitative method for transportation project evaluation to take advantages of better data that reflects the dynamics of travel demand and transportation capacity provision. Please specify the main steps of your proposed dynamic transportation project evaluation method, with emphasis on data dynamics, analytical robustness, and timely field deployments of transportation management decisions.
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 4 steps
Knowledge Booster
Similar questions
- Please share your thoughts on what you consider to be the most beneficial parts of network management for a business.arrow_forwardWhen events are held in a location, they have many impacts on the local community. Please discuss what is the Triple Bottom Line (3Ps) and its impact on the local community. What are some problems a green event seeks to solve? Please discuss three specific issues. What are the three (3) essential elements of a meeting/event contract? What is the difference between a cancellation clause and a termination clause in a meeting/event contract?arrow_forwardLogistics in general and with a special focus on any particular element of Logistics as relevant to the Project Assignment would help you design, analyze and organize a Project Report. . You are free to select a case of a company that you are interested in - the only condition is that the study is related to logistics issues. The project should be structured as such: Description of Company/NGO and IndustryIdentify the corresponding Logistics in use and analysis of the Logistics of the companyDescription of Logistics Issue and academic literature related to the issuePossible solutions to tackle the issueRecommendation(s) on how to solve the issue using information from academic articlessummaryarrow_forward
- Transportation and Port Management issue and suggest solutions to that issue. Description of Company/NGO and IndustryIdentify the corresponding Transportation and Port Management in use and analysis of the Transportation and Port Management of the companyDescription of Transportation and Port Management Issue and academic literature related to the issuePossible solutions to tackle the issueRecommendation(s) on how to solve the issue using information from academic articlesSummaryarrow_forwardThe AIS's many network types, each with its own set of benefits and drawbacksarrow_forwardThe 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…arrow_forward
- How Emirates Airlines Solves Problemsarrow_forwardDetermine the purpose of at least five of these sites: Web development; Content Management Systems; Portals; Online Shoppingarrow_forwardChoose any topic below and discuss thoroughly every details needed. It must be minumum 10 mins if presented virtually Transportation Policy Analysis and Planning Transportation Issues (Locally and Internationally) Transportation Economy Transportation Safety and Environmental Concernsarrow_forward
- 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,…arrow_forwardHow can transportation industry leaders assess potential threats to their businesses? Briefly describe these approaches.arrow_forwardIn 2022, Dominoes launched a marketing plan in which they created a series of commercials to highlight their new initiative to pay customers to pick up their orders instead of choosing delivery. The change was made to address the problem caused by the "Great Resignation" and a general shortage of employees following the pandemic. You can read more about this approach here: Domino's Offers Customers $3 to Pick Up Their Own PiesLinks to an external site.. As you can see in the Dominoes example and this week's reading about branding following a crisis, marketing is a key function that helps businesses manage and support change. Additionally, marketing is a function of business that has evolved significantly with a shift toward meeting consumers where they are through increased focus on social media and online promotion. Please think about an example of a marketing approach that highlights a response to change. You can either share an example like the Dominoes commercial in which a…arrow_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.