Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Case Study: Transportation manager is expecting two barges to arrive the next day at the river port. The transportation manager is concerned whether the two barges will arrive on schedule. Each barge has two FEU containers. The transportation manager knows that the barges may get delayed due to congestion at the upstream locks. The transportation manager also knows that the company must contract for third party logistics (3PL) trucking company to pick up the containers. The transit and delivery fees are fixed based on the load and distance (these costs are not part of the immediate considerations). The dilemma is that fewer than two barges may arrive, exactly two barges may arrive, or more than two barges may arrive. There is significant uncertainty. The transportation manager has to pay fees for storing the containers at the dock if there are insufficient trucks to transport the containers from the docks upon arrival or the transportation manager has to pay fees to the 3PL trucking company if there are insufficient containers for the waiting trucks and some of the trucks have to return to their terminals empty. The storage fee at the port is $100 per container per day. The "empty truck return" fee is $200 per truck. Each truck can haul only 1 FEU container.
The transportation manager realizes that the Poisson distribution will provide perspectives about determining the best course(s) of action. The situation is difficult because the company cannot do anything to facilitate the arrivals of the barges. The transportation manager most likely will have to pay fees unless the number of trucks available exactly matches the number of containers that arrive. Transportation manager's objective is to minimize the amount of fees that may have to be paid. However, there may be other factors that may have to be considered as well.
Question: How many trucks should the transportation manager contract for so that the fees are minimized? The SCM leaders expects a definitive recommendation with supporting details, especially the calculations and analysis. In other words, SCM leader expects a written memo outlining the logic of the recommendations.
What are some of the challenges that you feel may need to be addressed as implementation of these strategies continues to move forward
Consider the concept of "analysis paralysis" when it comes to process steps and timelines.
William Smith and Julia Morin met each other during cycling competitions in Brooklyn, New York two years ago. Each of them worked in specialty bicycle shops in Manhattan as high-end mechanical technicians. Recently, they began to ‘dream’ about the po..
Apple's iTunes clearly dominates the online music business. In the long run, which company has the best chance of dominating the e-book business, Google, Amazon
Discuss how accounting, economic, and social costs can be used in transportation to mitigate risks associated with these costs.
What are the major factors that you have identified contributes as success or failure of e- business?
Provide a summary of potential benefits and detriments of using a load broker and a recommendation on their use for LV's LTL shipments
Calculate the total productivity measure for this company for both years- Calculate the partial productivity measures for labor, capital, and raw materials for this company for both years.
Compare and contrast the two sustainability statements. What is common between the two statements and what is different? What is missing?
Identify a number of the typical criteria used when making new location decisions
The Decision Sciences Department is trying to determine whether to rent a slow or a fast copier. The department believes that an employee's time is wbrth dollar 15 per hour. The slow copier rents for dollar 4 per hour and it takes an employee an aver..
Companies can seek the support of primavera, to assist in creating a systematic scheduling and work allotment to the contractors
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd