A supplier ships goods from Richmond, VA to three market places in 3 cities (Chicago, IL; Athens, GA;St. Luis, MO). The supplier can ship every day, every other day, or every third day.There is a penalty of $0.30/cwt for each day delayed.Consolidating shipments allows for lower transportation costs from larger loads, but incurs penaltycosts due to the delay.Transportation Rate(S/cwt)ShipmentCityWeight/dayLTL <TL >50,000 lb50000 lbChicago, IL18,000 lb (180 cwt)1.501.25Athens, GA15,000 lb (150 cwt)1.351.00St. Luis, MO12,000 lb (120 cwt)2.001.50Total45,000 Ib = 450 cwtFind what is the cost for the following:Shipping Every DayShipping on the alternate Day (every two days)Shipping every three Day

Here in this case we are provided with 3 market place and rates according to the weight. Also…

Answered: A supplier ships goods from Richmond,…

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...

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