please answer in 30 minutes. A company uses transportatiom mode analysis to decide whether to choose slower shipping or faster shipping from San Francisco to Seattle using ship connectors. The value of the connectors is $3,000. The holding cost is 30, per year. And the company knows one carrier is 1 day faster but $30 more expensive. Pkase help the company to make the decision.
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- You are thinking of combining Cell-Tech and Creatine Transport to obtain a 10-day supply that provides at least 90 grams of creatine and at least 10 grams of taurine, but no more than 675 grams of Carbohydrates and no more than 2,500 milligrams of alpha lipoic acid. Use the data on bodybuilding supplements. (Figures shown correspond to a single serving.) Creatine (g) Alpha Lipoic Carbohydrates (g) Taurine Cost |(g) Acid (mg). ($) 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 1.000A 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 manager at Strateline Manufacturing must choose between two shipping alternatives: twoday freight and five-day freight. Using five-day freight would cost $135 less than using two-dayfreight. The primary consideration is holding cost, which is $10 per unit a year. Two thousanditems are to be shipped. Which alternative would you recommend? ExplainUse the 5P model on a low- cost airline company
- Great Grab Great Grab is a leading company in retailing business in Negros Occidental, Philippines. It has 52 stores all over Negros Occidental. 40% of its stores is located in Bacolod City and the remaining stores are in Sagay, Talisay, Isabela, and Escalante. Annually, it has an average of 70 million sales. Great Grab is the number one choice since it is cheaper compared to other retailing stores in the province. Over the past five years, the company experienced stock-outs during the holiday season. In order to address the problem, the management implemented a solution – to be able to offer online reservation wherein the customer can do online grocery. As the Operation Manager, Ms. Inah Vidal, puts it, “we will be able to forecast the demand accurately”. Aside from that, they will offer new products such as toys for Christmas. Since TikTok Santas and Christmas wrapper is in demand, the company purchased worth 5 million for both items. During the Christmas…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…What is the major advantage of air carriers? How does this advantage impactthe inventory levels of those firms using air transportation? Explain how this advantage relates to the choice of modes when choosing between air carriage and other modes of freight and passengers transport.
- 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 assure 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 i gures 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.a. What is the economic order quantity?b. What is the reorder point?Large trucks are an important piece of the logistics chain. However, there were 333,000 large truck crashes in 2012, resulting in almost 3,800 fatalities, the majority being drivers or passengers of other vehicles, not the truck driver. One accident in 2014 caused a public uproar when a Walmart truck driver fell asleep at the wheel after being awake for 24 hours and crashed into another car, killing one person and critically injuring others, one being a well-known comedian. The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration enacted tougher hours-of-service rules that went into effect in July 2013. One report claimed that the industry would lose $1 billion in lost productivity as a result of these rules, while another concluded the industry would realize almost $500 million in benefit from reduced driver mortality. The new rules have caused considerable controversy and have caused hardships for drivers. As one driver put it, “If the wheels aren’t…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 a 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. The lead time to get the order in seven days.a. What is the economic order quantity?b. What is the reorder point?