What is the best of the best payoffvalue?DİHL Co. is a Danao-based logisticscompany owned by Engr. Donald H.Lalican. Anticipating the growingdemand for delivery services, hedeveloped a strategic plan for theyear 2022. The options are to hireadditional delivery crews in theirMandaue facility, construct a newfacility in Talisay City, orsubcontract Ohlala Move, a small-time company. A study conductedby the marketing departmentforecasted the following payoffvalues, which are summarized in thetable below. The values areexpressed as gains and alpha = 0.6.States of NatureDecision AlternativesFailureLowModerateHighHire additional Drivers in Mandaue-450,000-250,000250,000500,000Construct a facility in Talisay-800,000-400,000300,000700.000Subcontracting Ohlala Move-100,000-10,000150,000300,000E O 300,000.00II

Since the actual requirement of the alpha value not mentioned in the question, we have answered the…

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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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Describe the reverse logistics system of a beverage company, including the movement of goodsand the flow of payment. What steps does the company take to reduce their costs?
Logistics Consultants Inc. (LCI) provides various logistics analysis services to other firms, including facility location decisions. They have just completed a project for a major customer, but on the eve of their presentation they discovered a computer malfunction had partially deleted some of their data. One file that was impacted contains the final factor rating results. Following are the partial results they were able to recover. As you'll notice, some ratings are missing. FACTOR Availability of labor Availability of utilities. Transportation infrastructure Warehousing availability/costs Proximity to customers Business climate. Taxation structure Quality of life MAX POINTS 150 130 80 75 65 40 30 25 CITY X - RATINGS 130 122 73 72 59 30 22 CITY Y 123 110 3 299 63 24 17 If you were the project manager for LCI, what would you recommend given that you are missing some crucial data? O City X O City Y O They are equally attractive O There is insufficient information provided to answer…
13. Food trucks have become a $2 billion industry, serving creative, and often healthy, food options in places where traditional food options might be limited. For example, a food truck might stop at a local college campus during lunch time. The truck might stop later at an underprivileged district in the afternoon, and then to a local club scene in the evening. Which of the following are advantages food trucks have over traditional restaurants in terms of land and capital costs? Food trucks can easily establish a brand name, helping cement a loyal customer base. The physical capital needed to set up a food truck is less than that of a restaurant. Food trucks require little, if any, land, provided they have the proper permits to operate in a public street. Food trucks can seek out demand instead of having to expend resources drawing customers to a fixed location.
Can you help me with Problem 3, thank you kindly
Can you help me to solve this question? The case study is in image. Supply chain network: For a Food-Town food item (perishable and short shelf-life such as 'bread'), develop a supply chain network diagram. The diagram must include: Perishable and short shelf-life supply and distribution chain Product flow, information flow, and cash flow directions Afterwards explain the key aspects of the supply chain (product flow, information flow, possible risks, and complexity).
What do the authors mean when they talk about the idea that logistics is boundary spanning?
(see the attached image below, kindly answer based on your knowledge. thank you!)
During a major expansion in 2004, Douwalla’s Import Company developed a new processing line for which the delivered equipment cost was $1.75 million. This year, the board of directors decided to expand into new markets and expects to build the current version of the same line. Estimate the cost if the following factors are applicable: construction cost factor is 0.20, installation cost factor is 0.50, indirect cost factor applied against equipment is 0.25, and the total plant cost index has risen from 2509 to 3713 over the years.
Discuss five benefits that come from using the principles that are applied in Network Logistics by DELL.
1. As a logistic manager, please advise the relationship between logistics and supply chain management? 2. You are the owner of fresh fruit store; is there a way you can adapt the omni-channel. Please explain the reason why or why not?
Develop a network showing the origin nodes, destinations, arcs, cost per arc, supply, and demand. Match the correct answer to each question. Warehouse A B C D City E City F City G City H Warehouse Supply. 0.51 0.21 0.52 0.41 4000 Question 1 0.31 Question 2 0.56 0.43 0.35 0.41 0.28 City Demand 4,400 3,000 6,500 4,700 Match the correct answer to the following questions: 1. What is the supply constraint for Warehouse D? 2. What demand constraint for City H? 0.32 0.54 0.33 4000 0.54 0.34 0.52 6300 6000 [Choose ] [Choose ] > >
Total Cost of Ownership (TCO) is an important concept, not the least when outsourcing activities to external partners. The general manager of XXL Ltd. is about to take a decision on outsourcing production of several items to Asia due to the fact the company is lacking production capacity. He is however concerned that the total cost of the products, when arriving from suppliers, is going to be higher that anticipated due to: Select all alternatives that apply. Handling costs Transport costs and import tolls Customs costs and reverse logistics costs Costs related to outdated products

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