Taking 15 days at a cost of 1575 or by truck taking 4 days, Ask an Expert

Management Studies

A shipment of parts valued at $75,000 needs to be shipped from Tampa, FL, to Chicago, IL. They could be shipped by rail, taking 15 days at a cost of $1,575, or by truck, taking 4 days at a cost of $2,640. The annual holding cost rate for this type of item has been estimated at 22%. What option is more economical?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M978584

Have any Question?Write your Review or question?

Related Questions in Operation Management

Observational exerciseleadership skillspurpose1 to develop

Observational Exercise Leadership Skills Purpose 1. To develop an understanding of different types of leadership skills 2. To examine how leadership skills affect a leader's performance Directions 1. Your task in this ex ...

1 as you try to understand the fact that tens of billions

1. As you try to understand the fact that tens of billions of dollars are lost to fraud, is it the number that is troublesome or the fact that nobody can agree on an estimate? What is being done and can be done to reduce ...

1 you can only observe individualsrsquo and try to explain

1. You can only observe individuals’ __________ and try to explain and predict their behavior based on your understanding of the OB foundations. a. personality b. attitudes c. emotions d. actions 2. Self-efficacy is anot ...

Below are four basic principles of forecasting1 forecasts

Below are four basic principles of forecasting: 1. Forecasts are rarely perfect 2. Short-term forecasts are usually better than long term forecasts 3. Aggregate forecasts (group) are usually more accurate that disaggrega ...

For this assignment you will take on the role of a vice

For this assignment, you will take on the role of a Vice President of a major organization. The CEO has assigned you the responsibility of educating the leaders within the organization of the importance of maintaining an ...

1 list and describe the differences between the role the

1. List and describe the differences between the role the trial court and the role the appellate court. What functions do they perform and how do they perform them? 2. Why is it important to define a dispute resolution p ...

1 list and explain the key benefits of demand-driven supply

1. List and explain the key benefits of demand-driven supply networks. 2. Draw the e-business model and explain how the e-procurement module streamline and automate the process with the suppliers and other business partn ...

1 why do people use social networks2 how can you segment

1. Why do people use social networks? 2. How can you segment Cyworld's users? Which segments should Cyworld target? How can it create value for users in these segments? 3. How is Cyworld different than Facebook and MySpa ...

1 what is a tax plan for taxing 1 million residents and

1. What is a tax plan for taxing 1 million residents and need 20 million dollars in revenue that isn't already being taxed, and why/how does it relate to Adam Smiths 4 cannons of taxation? 2. Explain what studies have sh ...

1 which of the following functions is responsible for

1. Which of the following functions is responsible for conducting customer tests and evaluating prototypes in the design and development step of the product development ?process? supply chain marketing operations enginee ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert