Transportation helps people in those various locations to trade and conduct business with one another by moving people and things to different neighborhoods, cities, states, and countries. FIVE (5) factors that Food Lovers should consider when selecting mode of shipment, carrier and routing.

Transportation helps people in those various locations to trade and conduct business with one another by moving people and things to different neighborhoods, cities, states, and countries. FIVE (5) factors that Food Lovers should consider when selecting mode of shipment, carrier and routing.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

2. Evaluate the trade/logistics risks related to land transport routes, channels, and modes.
In recent years, the roles of professional logistics practitioners are increasingly crucial. This is related to heightened transportation costs in logistics. All freight forwarders and agents try to negotiate the most optimal amounts for the transportation of the cargo. However, this is becoming more difficult because of rising fuel prices and, consequently, services for moving goods and materials from one place to another, especially when it comes to imports and exports. Based on the above situations, as a logistics manager, briefly discuss any FIVE(5) important factors that need to be considered before proceeding with your cargo delivery. Provide your answers with an example.
What makes transportation planning so crucial in global freight movement? What kinds of planning are required?
3. Why will logistics and supply chain management play an important role in the future success of Amazon.com?
Using the “Transportation Matrix”, solve the transportation problem below using the Northwest Corner and Intuitive Lowest-Cost methods. Use the Northwest Corner method result as the starting point and solve for the optimal solution using the Stepping-Stone method. Show all steps and all calculations when doing the Stepping-Stone method. Plants Supply Destination Demand Kansas City 35 Chicago 30 Omaha 50 St louis 65 Des Moines 50 Cincinnati 40 Total 135 Tons Total 135 Tons transport cost form Plants to Destinations ($/Ton) Plants Chicago St louis Cincinnati Kansas city $ 4.00 $ 3.00 $ 3.00 Omaha $ 6.00 $ 7.00 $ 6.00 Des Moines $ 8.00 $ 2.00 $ 5.00 A. Northwest Corner method B. Intuitive Lowest-Cost method C. Stepping-Stone method
TRANSPORTATION OPTIMIZATION State any extra information about transportation technique applications in real life.
1. Central Construction Company moves materials between three plants and three projects. Project A requires 72 truckloads each week, project B requires 102, and project C requires 41. Plant W can supply 56 loads, plant X can supply 82, and plant Y can supply 77. Using the cost information given in the following table, compute the optimum transportation cost using the stepping stone method. COST INFORMATION From To Project A To Project B To Project C Plant w P 4.00 8.00 8.00 Plant X 16.00 24.00 16.00 Plant Y 8.00 16.00 24.00
Why is the use of warehouses for cross - docking and for transshipment much more attractive to retail and grocery firms , compared to their more traditional use as storage points ?
What are the various benefits of cross docking in logistics ?
If you had to ship 50,000 pounds of building materials from New York to San Francisco in one single shipment, which mode of transportation would be the best / most appropriate mode to use? Water Rail Air Pipeline Truck
Role of Logistics in any transportation Organisation ?
explain any FIVE factors that Food Lovers should consider when selecting the mode of shipment, carrier, and routing.