In Myanmar, five laborers, each making the equivalent of $3.50 per day, can produce 40 units per day. In China, ninelaborers, each making the equivalent of $2.25 per day, can produce 45 units. In Billings, Montana, four laborers, eachmaking $57.00 per day, can make 105 units.Shipping cost from Myanmar to Denver, Colorado, the final destination, is $1.75 per unit. Shipping cost from China toDenver is $1.20 per unit, while the shipping cost from Billings, Montana to Denver is $0.20 per unit.Based on total costs (labor and transportation) per unit, the most economical location to produce the item iswith a total cost (labor and transportation) per unit of $. (Enter your response rounded to twodecimal places.)

Given data Total labor costs =5×3.50=17.5 Total shipping cost =40×1.75=70 Total labor cost and…

Answered: In Myanmar, five laborers, each making…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

As a Freight Forwarder, you have been asked to export ten containers of top quality Canadian apples to India. The importer is located in New Delhi. New Delhi is not an ocean port Shipment is by ocean from Canada Consignee address: 1200 Parliament Road, Unit 12, New Delhi India, Global Importers Ten Containers by ocean. 200 cartons in each container of apples Each box: 4 Kg actual weight Dimensions: 12x15x12 cubic inches Calculate: 1)Total Actual Weight: 2)Total Volume Weight: 3)Chargeable Weight: 4)What is the correct Incoterm to be used in this shipment?
A manufacturer has two shipments to make from Minneapolis to Chicago. Both shipments weigh 8500 pounds. The two shipments can be shipped separately to Chicago at a cost of $2.00 per mile for a total of 409 miles and will take one day for each shipment. The company has a warehouse in Milwaukee where they can consolidate the freight. It would take two LTL shipments at $2.00 per mile to get the freight to Milwaukee for 337 miles and then one full TL shipment from Milwaukee to Chicago at $1.50 per mile for 92 miles. The consolidation cost in Milwaukee is $200 and it takes two days for the trip through Milwaukee. What is the lowest cost to ship the freight and which approach would you select?
A shipper has three options to send an expensive cargo worth $35,000 across the pacific and the holding cost for the same is $730 per year. Firstly, opting for a slow cargo ship with a freight cost of $50 will take 2 months. Secondly, choose to send it via a fast ship but the freight cost gone up to $100 and the cargo delivered within a month. Lastly, the shipper can opt for the air transit for $150 and get it delivered within a week. Given this situation, which option the shipper should choose to opt for?
500 Production Denver 800 Production TRANSSHIPMENT PROBLEM Atlanta 3 2 4.5 3.5 3.5 Kansas City 4 Louisvill 2 5.5 3 6 4.5 Find the minimum cost of transporting the required goods through Kansas City and Louisville 4 6 5.5 Fargo Detroit Miami Dallas New Orleans 50 Demand 100 Demand 150 Demand 250 Demand 150 Demand
You're moving to California! There are just no jobs in Nebraska, and it just makes sense that you move to California where jobs are plentiful. You have an old car, 2 suitcases, and just enough money to pay for gas for the 4 day trip. You have room for yourself, 5 additional passengers and 5 more suitcases in the car. Choose your passengers from the list given, but make sure you can justify your decisions based on human wants, needs, values, interests, and values.
15. Global companies that deal with the political and financial risks of conducting business in a particular foreign location face which of the following type of risk? a. Country risk b. Principal risk c. Interest rate risk d. Commodity price risk 16 The benefits of a just-in-time system for raw material usually includes a. Elimination of non-value adding operations b. Increase in the number of suppliers, thereby ensuring competitive bidding c. Maximization of the standard delivery quantity, thereby lessening the paperwork for each delivery d. Decrease in the number of deliveries required to maintain production 17. A city regulation that freezes apartment rent prices is most likely to cause a. The demand curve for apartment rentals to fall b. The supply curve for apartment rentals to rise c. The quantity demanded of apartment rentals to exceed the quantity supplied d. The quantity supplied of apartment rentals to exceed the quantity demanded 18. Which of the following is not…
OCEAN: Mike plans to transport 30 pallets containing 53 cartons and an additional pallet containing 40 cartons from Montreal to Shanghai. Each pallet (including the 1 additional pallet) weighs 800kgs and measures 121cm x 90cm x 100cm. The rate is $92 w/m. Determine the Freight cost ($). 3106 2000 32.67 25.5 Others
Finance Mrs Banks baked some curry puffs. She packed them into boxes of 7 and had 3 curry puffs left. If she had 39 boxes of curry puffs, how many of them did she bake?
Demand for stereo headphones and music players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for this year was as follows: MONTH DEMAND (UNITS) January 4,150 February 4,250 March 3,950 April 4,350 May 4,950 June 4,650 July 5,250 August 4,850 September 5,350 October 5,650 November 6,250 December 5,950 a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.8. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units should be held to meet this…
2) Using the cost table of the transportation problem shown below, do the following: a) Develop the appropriate LP model of the problem. WAREHOUSE PLANT A B C D DEMAND 1 5 10 7 20 200 2 3 12 5 25 400 3 8 10 10 18 600 4 7 8 12 30 1000 SUPPLY 200 500 300 1000
Which is the most preferred type of transportation for the transportation of light but heavy loads? Lutfen birini seçin: O a Pipeline O b. Highway O c. Airline O d. Seaway O e Railroad
Radiant wants to hire Cargo planes for transporting their goods. They contacted VIP Transportation Company to hire Cargo planes. VIP informed that they can provide two types of Cargo Planes. In addition, they provided the following cost related information about the two types Cargo planes- WT88 and BH54: Personnel Cost Fuel Cost Maintenance Cost WT88 2000 1000 2000 BH54 2500 1500 1000 Radiant has $200,000 to spend in personnel cost, $160,000 in fuel cost, and $80,000 in maintenance cost. Moreover, they have to hire at least two of each type of planes. If WT88 can carry 55 tons of goods and BH54 can carry 85 tons of goods, then find out the following using Linear Programming: What is the maximum amount Radiant can carry given their budget constraint? Can you solve using solver ? (I did this but I got a wrong answer) Data Personnel Cost Fuel Cost Maintenance Cost Tons WT88 2000 1000 2000 55…

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS