Which option the shipper should choose to opt for

Assignment Help Operation Management

Reference no: EM133595346

Problem: 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?

Reference no: EM133595346

Questions Cloud

What does your management game-plan look like : The Regional VP as asked for your game-plan/strategy to fix things at this store location in the next 90 days. What does your management game-plan look like?

Can the philosophies of the stoics, epicureans, cynics : Can the philosophies of the Stoics, Epicureans, Cynics and Skeptics offer any solutions to a society in crisis or in urgent need of major reforms

Describe guiding theoretical/conceptual framework of medical : Describe he guiding theoretical/Conceptual Framework of Medical Errors, Including the defintions of all the concepts, an explanation of the relationships

Discuss what gender messages may be transmitted : Discuss what gender messages may be transmitted by the toys that girls and boys play with as they are growing up.

Which option the shipper should choose to opt for : 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?

How does aristotles purpose of human life compare : How does Aristotle's purpose of human life compare with that of Buddhism and Reflect for a bit, and then share how Aristotle's viewpoint aligns with your own

Sandberg argues that mentorship relationships : Sandberg argues that mentorship relationships rarely happen from asking strangers to mentor you,

Emergency accommodation community service organisation : He has been asked by his manager to develop a communication protocol with a local emergency accommodation community service organisation.

What are the causes of being according to aristotle : What are the Causes of Being according to Aristotle? Give 5 technologies and discuss it's causes of being.

User Account

All Pages