Subject: In Myanmar, five laborers, each making the equivalent of $3.50 per day, can produce 40 units per day. In China, nine laborers, each making the equivalent of $2.25per day, can produce 51 units. In Billings, Montana, two laborers, each making $57.00 per day, can make 100 units.Shipping cost from Myanmar to Denver, Colorado, the final destination, is $2.00 per unit. Shipping cost from China to Denver is $1.20 per unit, while the shipping costfrom Billings, Montana to Denver is $0.25 por unit.Based on total costs (labor and transportation) per unit, the most economical location to produce the item isand transportation) per unit of $. (Enter your response rounded to two decimal places)with a total cost (labor

Here, for each location, I would determine the labor cost, the total shipping costs, and then, the…

Answered: In Myanmar, five laborers, each making…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Suppliers A, B, and C supply components to three plants -- F, G, and H via two transshipment facilities -- T1 and T2. It costs $4 to ship from T1 regardless of final destination and $3 to ship to T2 regardless of supplier. Shipping to T1 from A, B, and C costs $3, $4, and $5, respectively, and shipping from T2 to F, G, and H costs $10, $9, and $8, respectively. Suppliers A, B, and C can provide 200, 300 and 500 units respectively and plants F, G, and H need 350, 450, and 200 units respectively. The Logistics Manager has come to you for help. Answer the following question: Which of these is not an element of the objective function? Group of answer choices 4D-T1 600T1 9T2-G 3C-T2 Plz do fast asap
A manufacturer has two shipments to make from Minneapolis to Chicago. Both shipments weigh 8500 pounds. The two shipments can be shipped separately to Chicago at a cost of $2.00 per mile for a total of 409 miles and will take one day for each shipment. The company has a warehouse in Milwaukee where they can consolidate the freight. It would take two LTL shipments at $2.00 per mile to get the freight to Milwaukee for 337 miles and then one full TL shipment from Milwaukee to Chicago at $1.50 per mile for 92 miles. The consolidation cost in Milwaukee is $200 and it takes two days for the trip through Milwaukee. What is the lowest cost to ship the freight and which approach would you select?
Cargo Loading. You are in charge of loading cargo ships for International Cargo Company (ICC) at a major East Coast port. You have been asked to prepare a loading plan for an ICC freighter bound for Africa. An agricultural commodities dealer would like to transport the following products aboard this ship:Commodity Tons Available Volume per Ton (cu.ft.) Profit per Ton ($)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…
4. Companies A, B, and C supply components to three plants (F, G, and H) via two crossdocking facilities (D and E). It costs $4 to ship from D regardless of final destination and $3 to ship to E regardless of supplier. Shipping to D from A, B, and C costs $3, $4, and $5, respectively, and shipping from E to F, G, and H costs $10, $9, and $8, respectively. Suppliers A, B, and C can provide 200, 300 and 500 units respectively and plants F, G, and H need 350, 450, and 200 units respectively. Crossdock facilities D and E can handle 600 and 700 units, respectively. Logistics Manager, Aretha Franklin, had previously used "Chain of Fools" as her supply chain consulting company, but now turns to you for some solid advice. Set up the solution in Excel and solve with Solver. What are total costs?
The Thor International Company operates four factories that ship products to five warehouses. The shipping costs, requirements, and capacities are shown in the tableau below. Use the transportation method to find the shipping schedule that minimizes shipping cost. Shipping Cost per Case to each Warehouse W2 Factory Сарacity W1 W3 W4 W5 Dummy $5 $5 $4 $7 $0 F1 60,000 $4 $5 $4 $6 $8 $0 F2 80,000 $6 $5 $7 $4 $5 $0 F3 80,000 $5 $9 $6 $7 $4 $0 F4 40,000 Demand 45,000 40,000 30,000 35,000 50,000 60,000 260,000 The minimum shipping cost is S | (Enter your response as a whole number.)
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OCEAN: Mike plans to transport 30 pallets containing 53 cartons and an additional pallet containing 40 cartons from Montreal to Shanghai. Each pallet (including the 1 additional pallet) weighs 800kgs and measures 121cm x 90cm x 100cm. The rate is $92 w/m. Determine the Freight cost ($). 3106 2000 32.67 25.5 Others
Which is the most preferred type of transportation for the transportation of light but heavy loads? Lutfen birini seçin: O a Pipeline O b. Highway O c. Airline O d. Seaway O e Railroad
15. Global companies that deal with the political and financial risks of conducting business in a particular foreign location face which of the following type of risk? a. Country risk b. Principal risk c. Interest rate risk d. Commodity price risk 16 The benefits of a just-in-time system for raw material usually includes a. Elimination of non-value adding operations b. Increase in the number of suppliers, thereby ensuring competitive bidding c. Maximization of the standard delivery quantity, thereby lessening the paperwork for each delivery d. Decrease in the number of deliveries required to maintain production 17. A city regulation that freezes apartment rent prices is most likely to cause a. The demand curve for apartment rentals to fall b. The supply curve for apartment rentals to rise c. The quantity demanded of apartment rentals to exceed the quantity supplied d. The quantity supplied of apartment rentals to exceed the quantity demanded 18. Which of the following is not…
You have been asked to assist in determining freight cost for the following shipment from TuJim Device Mfg in Shanghai, China You have contacted a freight forwarder and they have given you the following main freight rates: Air: $19.25/kg Ocean- $150.00w/m The shipment consists of 5 pallets each 625kg ,each 101.6cmx121.92cmx91.44cm Show all calculations used to determine freight costs
A supplier ships goods from Richmond, VA to three market places in 3 cities (Chicago, IL; Athens, GA; St. Luis, MO). The supplier can ship every day, every other day, or every third day. There is a penalty of $0.30/cwt for each day delayed. Consolidating shipments allows for lower transportation costs from larger loads, but incurs penalty costs due to the delay. Transportation Rate (S/cwt) Shipment City Weight/day LTL 50,000 lb 50000 lb Chicago, IL 18,000 lb (180 cwt) 1.50 1.25 Athens, GA 15,000 lb (150 cwt) 1.35 1.00 St. Luis, MO 12,000 lb (120 cwt) 2.00 1.50 Total 45,000 Ib = 450 cwt Find what is the cost for the following: Shipping Every Day Shipping on the alternate Day (every two days) Shipping every three Day

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