use the NORTH WEST CORNER RULE model, create a transportation schedule that ensures that the supplies meet the warehouses’ demands b) determine the total transportation cost to the company in doing so.
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A: Region Mill1 Mill2 Mill3 Mill4 Supply 1 10 2 20 11 15 2 12 7 9 20 25 3 4 4 16 18 10 Demand 5…
1. GIven the table below:
Seattle | California | Las Vegas | New Jersey | supply | |
Chicago | $13 | $12 | $15 | $10 | 1200 |
New York | $11 | $8 | $25 | $20 | 1375 |
Houston | $4 | $18 | $10 | $25 | 896 |
Georgia | $8 | $21 | $12 | $30 | 600 |
Kentucky | $15 | $6 | $18 | $20 | 459 |
Warehouse demand | 1000 | 980 | 957 | 1593 |
a) use the NORTH WEST CORNER RULE model, create a transportation
b) determine the total transportation cost to the company in doing so.
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- Judd 57 Joel Gus Tim $3 2. 1 $5 $2 First film Second film Third film Fourth film Fifth film 1. 0. 0. 5. 2. 1 a. Within the dorm room, is Ux showing of a movie a public good? Why or why not? b. W itcosts S5 to rent a movic how many movies should the mommates rent to maximize tothl surplus? c. li they choose the optimal number from part (b)and then split the cost of renting the movies equally, how much surplus does.cach person obtain from wakhing the me d. s there any way tospl ost.tormsre that everyone benefits? What practical problems does this solution reise? Suppose they agmeinarancetochoxxe the efficient number and to split the cosr of the movies equally. When fudd is asked his wiling ness to pay, will he have an incentive to toll the Iruth? If so, why? f not. what will he he tempted (1అ) బ* E What does this example teach you abou the optimal provision of public goods? yol public gods?4. In the past, Peter Kelle's tire dealership in Baton Rouge sold an average of 1,100 radials each year. In the past 2 years, 220 and 250, respectively were sold in fall, 360 and 300 in winter, 150 and 160 in spring, and 320 and 440 in summer. With a major expansion planned, Kelle projects sales next year to increase to 1,300 radials. Part 2 Based on next year's projected sales, the demand for each season is going to be (enter your responses as whole numbers): Season Demand Fall __________Calculate the average revenue per night. Rates & availability2347892Review Itinerary367495Guest Info103471Confirmation72498Revenue$ 23,464,220Room Nights143285
- Table 5.1: The demand forecast developed for the year ended 31 December 2022. Month Production days Demand forecast Jan 16 150 Feb 16 150 Mar 23 250 Apr 21 250 May 22 400 Jun 22 500 Jul 21 600 Aug 20 750 Sep 20 450 Oct 20 250 Nov 16 150 Dec 16 150 1. Compute and tabulate the daily demand for each month in the table below (round off to the nearest whole number). 2. Assuming that MPQ Limited had adopted a level strategy for the year ended 31 December 2022, compute the average daily demand for the year (round off to the nearest whole number).E3 You have been retained as a freight forwarder to export 20 Containers (apples) of TEU’s to Mumbai, India, from Canada OCEAN SHIPMENT The dimensions of each box of apples is: 18v12x18 inchesActual weight of each box is: 5 KgHow many boxes will fit one TEU?What is the CWT?Do you need specialized services, as this can be perishable?What are the documents you need to clear Canadian Customs and Indian Customs?Which type of bill of lading will be used in this scenario, especially if the payment of goods to the exporter has not been made?Which routing will be the most efficient and why?Please discuss the Ocean Conventions currently in placePlease list and discuss five risks involved in the transportation of cargo.As an ocean freight forwarder, please recommend five ways to improve the economic-efficiency of this cargo for future transportation.Lakewood Fashions must decide how many lots of assorted ski wear to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table, in thousands. Order size 1 lot 2 lots 3 lots (a) Show a regret table. Order size 1 lot 2 lots 3 lots 13 9 6 Low 13 9 6 Low Demand Medium 16 24 32 16 24 32 High 16 32 61 Demand Medium (b) What decision should be made by the optimist? O 1 lot O2 lots 3 lots 16 32 61 High Maximum Regret 2:06 PM
- Lakewood Fashions must decide how many lots of assorted ski wear to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table, in thousands. Demand Order size Low Medium High 1 lot 2 lots 3 lots (a) Show a regret table. 1 lot Order size 2 lots 3 lots 11 9 6 Low 16 24 38 16 38 59 Demand Medium (b) What decision should be made by the optimist? O 1 lot O 2 lots O 3 lots (c) What decision should be made by the conservative? O 1 lot O 2 lots O 3 lots (d) What decision should be made using minimax regret? O 1 lot O 2 lots O 3 lots High Maximum Regret↓ ← M Gmail UNILUS | E X ChatGPT X YouTube GBS 660_A X Maps GE News C + File C:/Users/nemet/Desktop/UNILUS/2024/GBS%20660_Assignment%20Distance%20January%202024%20(1).pdf Translate GBS 660_Assignment Distance January 2024 (1).pdf Production X Lusaka Times-Zamb... R Browse Map | Rulac Item cost per Unit Setup cost 4 / 4 2 80 6-Hour D X Inventory carrying cost per year Weekly Net Requirement 1 105 3 130 QUESTION 2: The determination of lot sizes in an MRP system is a complicated and difficult problem. Lot sizes are the part quantities issued in the scheduled receipt and planned-order release sections of an MRP schedule. For parts produced in-house, lot sizes are the production quantities of batch sizes. For purchased parts, these are the quantities ordered from the supplier. Consider the following data relevant to an MRP lot-sizing problem: 4 50 Membersh X b Answered: X G The detern X 100% + # $25 $100 20.8% 5 Building a Better Re... 0 6 200 Get involved in hum... 7 125 8 100 Use the…Assume an initial starting Ft of 200 units, a trend (Tt ) of 8 units, an alpha of 0.30, and a delta of 0.40. If actual demand turned out to be 288, calculate the forecast including trend for the next period. A. 308 B. 250 C. 208 D. 245
- Lakewood Fashions must decide how many lots of assorted ski wear to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table, in thousands. Order size Low 2 lots 1 lot 1 lot 3 lots (a) Show a regret table. Order size 2 lots 3 lots 11 9 6 Low Demand Medium 16 24 36 High 16 36 64 Demand Medium (b) What decision should be made by the optimist? O 1 lot O2 lots 3 lots (c) What decision should be made by the conservative? O 1 lot O2 lots 3 lots (d) What decision should be made using minimax regret? O 1 lot O2 lots O3 lots High Maximum RegretYou work for the Brad's Nailer Company which manufactures three types of nailers: a pneumatic model, the "ProLine", and a cordless model. You have contracted to supply a national retail chain with all three models of nailers. However, Brad's nailer production capability is limited in three departments: production, testing, and packaging. The goal is to maximize your revenue. Your answer will be the number packaging hours to be produced (The number of nailers must be a whole number.) Use Scenario 2Kwame after his National Service and with no hope of securing a job in the formal sector has decided to run a taxi service. The following forecast has been made for the operation of a service between Abisim and Sunyani. i) Revenue totaling GH¢300 a week for 52 weeks in a year. This is net of fuel and other variable costs. ii) Tyres; four pieces for a year at GH¢120 per unit. iii) Maintenance and servicing; GH¢120 per month. iv) Salaries GH¢3,000 per year v) Insurance GH¢350 per year The net cash flow will increase at 5% per annum for the next five years due to inflation. The cost of the vehicle is estimated at GH¢28,000. The project appears quite profitable based on the NPV criteria using the Government policy rate of 26%. However the banks are offering rates far higher than the policy rate. Required: You are to calculate the break-even rate for the project.