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- Using the the 3 methods: Vogel's Approximation Method, Northwest Corner Method and Minimum Cost Method what is the total transportation cost per method?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"??A. An Electrical Company has three workshops in Koforidua, Accra and Kumasi. These workshops produce the following quantities of electric fan. Workshops Monthly production (units) Koforidua 130 Аccra 70 Kumasi 100 The monthly demand for these fans in three towns: Sunyani, Cape Coast and Ho is given below: Destination Weekly Demand (units) Sunyani 80 Саре Сoast 110 Но 60 The unit transportation costs per unit (in GH¢000) from the sources to the destinations are as shown: To From Sunyani Саре Сoast Но Koforidua 9. 14 12 Accra 11 10 6. Kumasi 12 15 00
- What is the initial total cost of the given transportation model if an Intuitive Approach method is applied? DESTINATION SOURCE DEMAND O 3050 O 3140 O 3045 O 3040 X Y N 4 P 75 8 12 S 11 Q 80 5 8 11 R 120 7 10 10 S 50 11 13 14 SUPPLY 100 125 100 325Linear Programming & Transportation Model - scenario/case (simple example) that can be analyzed by using linear-programming/transportation model specifically in identifying the decision variables, constraints and objective function (goals). - Supply and chain operations specificallyFreight Agents can be employed to handle your cargo from your Overseas Suppliers that can be located in either Dubai or China to your Company premises here in Zambia. Discuss three likely services that can be offered by these Agents in this regard, the influence of COVID 19 on them and measures put in place to mitigate the impact..
- Given the following transportation matrix where the numbers in the cells represent cost of transporting 1 unit from a specific source to a specific destination, determine the initial solution using the 3 methods and determine the optimum solution by using the initial solution with the lowest value of Z. 3 4 5 6 35 Dummy Supply From/To 1 40 M M 100 60 45 M M 200 12 20 M 300 4 15 10 30 300 5 M M 15 300 Demand 300 | 300 300 150 150 1,200Explain how to determine the number of variables and constraints in a transportation problem when only the number of sources and the number of destinations are known. Be sure to provide examples to illustrate your understanding of these concepts.Suppose you are a wholesaler of break bulk cargo in the Dhaka city corporation. Every month you import more than 1 lac ton break bulk cargo (Rice, wheat in bags) from different countries of the world to Chittagong port. Which mode of transport beneficial to use to move this cargo from Chittagong to Dhaka? Which are the advantages and disadvantages of different transport modes ?
- Which of the following is not information needed to use the transportation model? Multiple Choice Unit shipping distances. Capacity of the sources. All of the answer choices are correct. Demand of the destinations. Unit shipping costs.Suppose a company with a plant located in Toronto is serving a market in the northeastern United States with many customers located in Boston. If the company ships direct to customers from the Toronto plant, most shipments will be less than truckload. However, if it locates a distribution center in Boston, it can ship truckload (TL) to Boston and distribute bylocal cartage (LTL) to customers in that area. Whether this is economical or not depends on the total cost of shipping direct compared with shipping via the distribution center. Assume the following figures represent the average shipments to the Boston area:Option 1: Plant to customer LTL: $100/cwt. [uses direct dispatch from company to customers]Option 2: Through DCPlant to distribution center TL: $50/cwt.Inventory-carrying cost (distribution center): $10/cwt.Distribution center to customer LTL: $20/cwt.QuestionIs it more economical to establish the distribution center in Boston? If the annual shipped volume is 10,000 cwt., what…3. What is meant by the concept of derived demand? Why is it so important in the area of transportation for shippers and carriers? Does this concept have application in other area, give some examples? 4. Explain the difference between elastic and inelastic demand. Why are the two concepts important to transportation demand? 5. The aggregate demand for transportation service is said to be inelastic while the demand for an individual mode or carrier is often elastic. Explain why this is important to carriers and shippers. 6. Explain the concept of total landed cost as it related to transportation. How does it influence market boundaries?
