Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Business Analytics (MindTap Course List)
Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Business Analytics (MindTap Course List)
8th Edition
ISBN: 9781305947412
Author: Cliff Ragsdale
Publisher: Cengage Learning
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Cargo Loading. You are in charge of loading cargo ships for International Cargo Company (ICC) at a major East Coast port. You have been asked to prepare a loading plan for an ICC freighter bound for Africa. An agricultural commodities dealer would like to transport the following products aboard this ship:Commodity    Tons Available    Volume per Ton (cu.ft.)    Profit per Ton ($)1    4,000    40    702    3,000    25    503    2,000    60    604    1,000    50    80You can elect to load any or all of the available commodities. However, the ship has three cargo holds with the following capacity restrictions: Cargo Hold    Weight Capacity (tons)    Volume Capacity (cu.ft.)Forward    3,000    100,000Center    5,000    150,000Rear    2,000    120,000More than one type of commodity can be placed in the same cargo hold. However, because of balance considerations, the weight in the forward cargo hold must be within 10 percent of the weight in the rear cargo hold, and the center cargo hold…
Cargo Loading. You are in charge of loading cargo ships for International Cargo Company (ICC) at a major East Coast port. You have been asked to prepare a loading plan for an ICC freighter bound for Africa. An agricultural commodities dealer would like to transport the following products aboard this ship:Commodity    Tons Available    Volume per Ton (cu.ft.)    Profit per Ton ($)1    4,000    40    702    3,000    25    503    2,000    60    604    1,000    50    80You can elect to load any or all of the available commodities. However, the ship has three cargo holds with the following capacity restrictions: Cargo Hold    Weight Capacity (tons)    Volume Capacity (cu.ft.)Forward    3,000    100,000Center    5,000    150,000Rear    2,000    120,000More than one type of commodity can be placed in the same cargo hold. However, because of balance considerations, the weight in the forward cargo hold must be within 10 percent of the weight in the rear cargo hold, and the center cargo hold…
Joburg Logistics (JL), a distributor of various products in Polokwane receives their products from suppliers in Durban, Cape Town, and Johannesburg. The company's management is concerned with the supply cost of a certain product that is supplied by a manufacturer in Durban. Currently JL has a contract with Transnet Freight Rail (TFR) for the transport of the orders from Durban. The following are the rail rate and transit time: Transit time (rail) Rail rate 5 days R2.75/unit The impact on the transport and inventory carrying cost because of this arrangement is a concern of the logistics director, Mrs Micky. As a result, Mrs Micky has requested the logistics manager to evaluate the option to use a 3PL service provider for the shipment from Durban to Johannesburg. The logistics manager has identified a certain 3PL company that has the capacity to perform this contract. However, in order to provide a transport rate, the 3PL company required the size and frequency of orders. JL currently…
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