Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

TopOil, a refiner in Indiana, serves 3 customers near Nashville, Tennessee, and maintains consignment inventory (owned by TopOil) at each location. Currently, TopOil uses truck load (TL) transportation mode to deliver separately to each customer. Each truck costs $800 plus $250 per stop. Thus, delivering to each customer separately costs $1,050 per truck. TopOil is considering aggregating deliveries to Nashville on a single truck. Demand at the large customer is 60 tons/year, at medium is 24 tons/year, and small is 8 tons/year. Product cost for TopOil is $10,000 per ton and it uses a holding cost of 25%. Truck capacity is 12 tons. Derive a tailored policy, and indicate the corresponding costs and inventories.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92290304

Have any Question?


Related Questions in Operation Management

Suppose you are hired by a local farming cooperative to

Suppose you are hired by a local farming cooperative to develop a SMIS. The cooperative wants to promote eating healthy foods, increase awareness about its weekly farmer’s market, increase traffic to its Web site, and se ...

Assignmentcolumbia needycare is a clinic in south florida

Assignment Columbia Needycare is a clinic in south Florida that provides basic medical care for homeless and indigent patients. The clinic is a nonprofit organization that receives revenue from however much patients can ...

A2z salon inc a2z a beauty care organization currently has

A2Z Salon Inc. (A2Z), a beauty care organization, currently has ten stores in a metro area. It caters to the beauty and hair care needs of both female and male clients. In addition, each salon sells beauty products such ...

Create a complete erd in crowrsquos foot notation that can

Create a complete ERD in Crow’s Foot notation that can be implemented in the relational model using the following description of operations… Hot Water (HW) is a small start-up company that sells spas. HW does not carry a ...

A las vegas nevada manufacturer has the option to make or

A Las Vegas, Nevada, manufacturer has the option to make or buy one of its components parts. The annual requirement is 10,000 units. To make the parts in-house,the firm must invest $30,000 in capital equipment and estima ...

Xavier and yvette have been paired up to analyze the needs

Xavier and Yvette have been paired up to analyze the needs of ZZZ Sleepers mattress stuffers. ZZZ is experiencing a negative market impact from all the mattresses with air inside. They want to either improve their produc ...

Digital dashboards offer an effective and efficient way to

Digital dashboards offer an effective and efficient way to view enterprisewide information at near real-time. According to Nucleus Research, there is a direct correlation between use of digital dashboards and a company’s ...

1 what is one group of residents in the nyc metro region

(1) What is one group of residents in the NYC metro region which needs assistance from a development organization? (2) How has this group been framed by the media or larger community? (3) What is one way in which NYC cou ...

Personal philosophy please respond to the followingdefine

Personal Philosophy Please respond to the following: Define the concept of human rights as it fits with your personal philosophy of global education. Describe the most important human rights challenge that affects global ...

1 select a business in which you are familiar and start

1. Select a business in which you are familiar and start developing the first step of your e-marketing plan. Begin developing your seven-step e-marketing plan by conducting an environmental scan using a SWOT (strengths, ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As