How do you determine a total supply chain toal cost of, Ask an Expert

Management Studies

How do you determine a Total supply chain toal cost of supply analysis and the cost of operations per day given the following:

Material Cost-$300 per barrel

Freight Cost $1600 per truckload

Inventory Cost: 1000 units @ $300 per unit

Admiistrative Costs $300 per truckload

Holding cost .35 per day per unit

1000 units sold per day, 5 days a week, thanks.

250 units in one truck

Supposed to use the following formula if possible for TAC: TAC=pD+ freight cost + (Q/2+pipeline inventory)H+ admin costs

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92181929

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