Your options for shipping $100,000 of machine parts from Baltimore to Kuala Lumpur, Malaysia, are (1) use a ship that will take 30 days at a cost of $3,800, or (2) truck the parts to Los Angeles and then ship at a total cost of $4,800. The second option will take only 20 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 30% of the value per year. If you have a third option and it costs only $4,000 and also takes 20 days, what is your most economical plan? Assume 365 days per year.
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- Article: BIZ Community. 2023. Innovative sustainability trends give South Africa's coffee industry a caffeine kick, 21 June 2023. [Online]. Available at: https://www.bizcommunity.com/Article/196/87/239424.html# [Accessed 23 January 2023]. Q.1.1 Out of the 7Rs of Logistics, explain the importance of the right price and the right condition, as it pertains to the business of Tribeca Coffee. Note: you are required to provide a paraphrased overview of the R’s before you provide a practical example for each. Q.1.2 Tribeca Coffee has found a new coffee supplier in Thailand and they are considering their transport options. Contrast between air transportation and water transportation and make a justified recommendation for the best transportation mode for them to use.Firm performance will drop if the reverse logistics system is informal. Do you agree? Why?Q: Discuss position of logistics in SCOR model and which aspects of SCOR are part of logistics. Explain with any example of your choice.
- Q1/Test the examples of the solution to the following transport issue using the rate distribution method (never U1=0 For two tables only) using a less expensive way to find the primary basic solution? Factory Dealer Supply 2 3 A 2 2 4 1000 B 4 4 3 700 C 3 2 1 900 Requirement 900 800 500 400 6, 2)If company could fulfil regulator requirement from the aspect of reverse logistics, it will improvefirm performance. Do you agree? Why?is it possible to improve transport cost transportation, warehouse management, reduction of mistakes without a software
- The Bright Company wants to figure out the best way to ship their new product, Flying Widgets, from their factories through their warehouses to their retail outlets. They would like to set up a Transhipment table so they can use POM to find the least cost shipping routes. They have hired you to set up the Transhipment table based on the information below. You will be paid handsomely if you can come up with the correct table. Shipping Costs Shipping Costs 01 02 03 04 Wi W2 W3 W1 4. 2 F1 4 W2 4 F2 4 2 W3 4. 3. 4. Also, Flying Widgets can be shipped from Factory 1 to Factory 2 for $3 per unit. Factory 1 can produce 300 units and factory 2 can produce 100 units. Outlet 1 demand is 50 units, Outlet 2 is 150 units, Outlet 3 is 100 units, and Outlet 4 is 100 units.Problem 15-2 (Algo) Determine which shipping alternative would be most economical to ship 100 boxes of parts when each box has a price of $200 and holding costs are 30 percent of price, given this shipping information: overnight, $300, two-day, $260, six-day, $180. (Round your intermediate calculations to 2 decimal places.) Two day O Overnight O Six dayAccording to Pienaar & Vogt, (2016:1) logistics function was therefore essential for a well-coordinated supply chain from the point of origin to the point of consumption.You have been newly appointed as a logistics manager at Hokela Food (SA), One of your major roles would be facilitating the movement of products coming from farmers in the Limpopo province to supermarkets around Gauteng.Question: Explain how you will perform your role as a logistics manager and co-ordinate supply chain activities from the point of origin to the point of consumption.
- - You are now responsible for the supply chain dept. The main responsibilities include import operations. There is a supplier based in China and it offers all types of INCOTERMS for deliveries by sea. Since your network is not that good with forwarders and the supplier has a good reputation with deliveries and transportation company choices. Which INCOTERM would you choose for delivery by sea as long as the total delivered cost will be the same?1. Study the supply chain integration of companies operating in Namibia below and identify the TYPE OR LEVELof Integration involved in each case. Please justify your answer! e) Namibia Dairies installed a warehouse management system in all its depots in Windhoek,Swakopmund, Otjiwarongo, Oshakati, and Katima. All its agents in Rundu and Katima Mulilo andFactory Shops in Windhoek, Swakopmund, and Ondangwa have access to this system. All theemployees at these facilities are happy to use this system.What procurement choices are appropriate for transportation software?Why does a business pursue any of these options?