True or False If the term of the sale is FOB destination point, the Seller will shoulder the cost of the transportation in delivering the goods to the buyer.

Answer the given question with a proper explanation and step-by-step solution.   Monczka-Trent Shipping is the logistics vendor for Handfield Manufacturing Co. in Ohio. Handfield has daily shipments of a power-steering pump from its Ohio plant to an auto assembly line in Alabama. The value of the standard shipment is $255.930. Monczka-Trent has two options: (1) its standard 2-dav shipment or (2) a subcontractor who will team drive overnight with an effective deliverv of ' dav. The extra driver costs $190. Handfied's holding cost is 35% annuallv for this kind of inventorv. Part A: Alternative 2 is more economical, with a daily cost of $_____ . (Enter your response as a whole number.)

Total Cost of Ownership (TCO) is an important concept, not the least when outsourcing activities to external partners. The general manager of XXL Ltd. is about to take a decision on outsourcing production of several items to Asia due to the fact the company is lacking production capacity. He is however concerned that the total cost of the products, when arriving from suppliers, is going to be higher that anticipated due to: Select all alternatives that apply. Handling costs Transport costs and import tolls Customs costs and reverse logistics costs Costs related to outdated products

A letter of credit is issued by the transport carrier to the exporter to prove that merchandise has been shipped.;True or False

How do I do this question in order for me to get the EMC using 1, 2 and 3 suppliers?

What are terms of transport and loss risk?

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…

Compare and contrast the two models when companies use drop shippers or third party service providers to fulfill their orders.

Small Potatoes is a family-operated seed business that has grown rapidly. Small Potatoes specializes in supplying home gardeners with the finest seeds and gardening supplies. Until now, the firm has done all its business by placing ads in gardening and health magazines, and taking orders using a toll-free telephone number. Now, the family has decided to establish a website and sell online, but there is some disagreement about the best way to proceed. Some say it would be better to develop the site on their own, and Betty Lou Jones, a recent computer science graduate, believes she can handle the task. Others, including Sam Jones, Betty’s grandfather, feel it would be better to outsource the site and focus on the business itself. Suppose the family asked for your opinion. What approach would you take? What additional questions would you ask?  Does this appear to identify diversity, equity and inclusion?

Faw Motors, Inc., was incorporated in Volkswagen on July 01, 2003. It has 4 plants across the China that design, manufacture, and market earth moving, construction, and materials handling equipment. It also manufactures engines for earthmoving vehicles and tractor-trailers. Faw Motors products are distributed worldwide. Net income last year totaled $350,000,000. Faw Motors has developed a "Transportation Quality" program in order to reduce shipping damages to its equipment and to ensure its just-in-time production and inventory system. The program consists of two parts. The first part ensures proper lifting and tie-down provisions by working with engineers in the design process. The second part focuses on internal practices to prepare the product for shipment. The chief transportation quality engineer has developed a carrier certification program for both inbound and outbound freight. The program establishes standards requiring the carrier to adhere to 100 percent performance. Use of…