EP PRIN.OF OPERATIONS MGMT.-MYOMLAB
10th Edition
ISBN: 9780134183848
Author: HEIZER
Publisher: PEARSON CO
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 11.S, Problem 16P
a)
Summary Introduction
To select: The economical option for company MTS.
Introduction:
b)
Summary Introduction
To determine: Production issues that are not included in the data.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Monczka-Trent Shipping is the logistics vendorfor Handfield Manufacturing Co. in Ohio. Handfield hasdaily shipments of a power-steering pump from its Ohio plantto an auto assembly line in Alabama. The value of the standard shipment is $250,000. Monczka-Trent has two options:(1) its standard 2-day shipment or (2) a subcontractor whowill team drive overnight with an effective delivery of one day.The extra driver costs $175. Handfield’s holding cost is 35%annually for this kind of inventory.a) Which option is more economical?b) What production issues are not included in the datapresented?
Monczka-Trent Shipping is the logistics vendor for Handfield Manufacturing Co. in
Ohio. Handfield has daily shipments of a power-steering pump from its Ohio plant to
an auto assembly line in Alabama. The value of the standard shipment is $253,040.
Monczka-Trent has two options: (1) its standard 2-day shipment or (2) a subcontractor
who will team drive overnight with an effective delivery of 1 day. The extra driver costs
$180. Handfield's holding cost is 35% annually for this kind of inventory.
a)
is more economical, with a daily cost of $
(Enter your response
as a whole number.)
b) What production issues are not included in the data presented?
A. Potential delay in the production process.
B. The varying fuel costs of alternative 1 and 2.
C. Handfield's cost of holding the item for an additional day if it chooses to ship
in 2 days instead of 1.
D. All of the above.
E. Only A and B.
After applying the NWC Rule for the initial tableau of the given transportation model, evaluate the vacant
cells. What is the cell which has the most negative evaluation value and what is the cell evaluation value?
DESTINATION
SOURCE
DEMAND
X
Y
N
OX-R; 1
OY-S; -1
OX-S; -1
OY-S; -2
P
75
8
12
EI
11
Q
80
5
8
11
R
120
7
10
10
S
50
11
13
14
SUPPLY
100
125
100
325
Chapter 11 Solutions
EP PRIN.OF OPERATIONS MGMT.-MYOMLAB
Ch. 11.S - Prob. 1DQCh. 11.S - Prob. 2DQCh. 11.S - Prob. 3DQCh. 11.S - Prob. 4DQCh. 11.S - Prob. 5DQCh. 11.S - Prob. 6DQCh. 11.S - Prob. 7DQCh. 11.S - Prob. 8DQCh. 11.S - Prob. 9DQCh. 11.S - Prob. 10DQ
Ch. 11.S - Prob. 1PCh. 11.S - Prob. 2PCh. 11.S - Prob. 3PCh. 11.S - Prob. 4PCh. 11.S - Prob. 5PCh. 11.S - Prob. 6PCh. 11.S - Prob. 7PCh. 11.S - Prob. 8PCh. 11.S - Prob. 9PCh. 11.S - Prob. 10PCh. 11.S - Prob. 11PCh. 11.S - Prob. 12PCh. 11.S - Your options for shipping 100,000 of machine parts...Ch. 11.S - If you have a third option for the data in Problem...Ch. 11.S - Prob. 16PCh. 11.S - Prob. 17PCh. 11.S - Prob. 18PCh. 11.S - Prob. 19PCh. 11.S - Prob. 20PCh. 11 - Prob. 1EDCh. 11 - Prob. 1DQCh. 11 - Prob. 2DQCh. 11 - Prob. 3DQCh. 11 - Prob. 4DQCh. 11 - Prob. 5DQCh. 11 - Prob. 6DQCh. 11 - Prob. 7DQCh. 11 - Prob. 8DQCh. 11 - What is CPFR?Ch. 11 - Prob. 10DQCh. 11 - Prob. 11DQCh. 11 - Prob. 12DQCh. 11 - Prob. 13DQCh. 11 - Prob. 14DQCh. 11 - Prob. 15DQCh. 11 - Prob. 16DQCh. 11 - Prob. 17DQCh. 11 - Prob. 1PCh. 11 - Hau Lee Furniture, Inc., described in Example 1 of...Ch. 11 - Prob. 3PCh. 11 - Prob. 4PCh. 11 - Prob. 5PCh. 11 - Prob. 6PCh. 11 - Prob. 7PCh. 11 - Prob. 8PCh. 11 - Prob. 1CSCh. 11 - Prob. 2CSCh. 11 - Prob. 3CSCh. 11 - Prob. 4CSCh. 11 - Prob. 1.1VCCh. 11 - Prob. 1.2VCCh. 11 - Prob. 1.3VCCh. 11 - Prob. 2.1VCCh. 11 - Prob. 2.2VCCh. 11 - Prob. 2.3VCCh. 11 - Prob. 2.4VC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- A company's distribution and warehouse expenses do NOT include which one of the following? a) The costs of processing, boxing, packaging, handling, and shipping orders to footwear retailers and -online buyers b)A standard import tariff of $4.00 per pair on any pairs imported from the company's foreign production facilities--tariffs are due and payable at the port of entry rather than when the pairs are sold c)Annual leasing and maintenance fees of $1 million for each of the company's four distribution centers; however, such expenses fall to 5 times the number of pairs sold when warehouse volume in any region is less than 200,000 pairs annually (should company managers decide to abandon selling footwear in a geographic region, leasing and maintenance costs will fall to $0 (resuming if/when sales begin again) d)The inventory costs of carrying unsold pairs over from the prior year ($0.50 per pair on required inventrory and $1 per pair on additional unsold pairs) e)Per pair freight…arrow_forwardDetermine which shipping alternative would be most economical to ship 80 boxes of parts wheneach box has a price of $200 and holding costs are 30 percent of price, given this shipping information: overnight, $300, two-day, $260, six-day, $180.arrow_forwardPerform a detailed mathematical analysis of the Wilson EOQ model, emphasizing its relevance and applicability in real-world scenarios.arrow_forward
- Your company produces two types of products. One is in liquid form(highly toxic) and the other one is in packages. Your customer is located in Antalya and your company is located in Gebze region.The typical shipment method is tank truck and box type trucks. Considering these two alternative type of shipments, which one will have a higher cost and why? (Your answer is accepted in case you can back your decision with at least three sentences.) PLS JUST 3 OR 4 SENTENCES short answer.arrow_forwardCost tradeoff exists between transportation and inventory Select one: a. True b. Falsearrow_forwardTsaltz Inc. of Hamilton, Ontario, is a distributor of starwars themed dog tags to pet store retailers. Its market area spans most of Ontario. The dog tags are made in Calgary, Alberta, and currently shipped to Ontario via motor carrier transportation. Easton, Director of Logistics, has asked his staff to evaluate using Rail car carrier service to ship the dog tags. He obtained the following data for you to make your recommendation which carrier is best for the company. Data: R= Annual rate of demand 5000 cases V= Value of cost of 1 unit of inventory $ 48.00 per case W= Carrying cost per dollar value of inventory per year 15% inventory carrying cost A= Cost of placing an order $ 37.50 cost per order In-transit inventory carry cost 9% Transit time using motor carrier (parcel ground) 2 days Transit time using Rail car carrier 1 days Motor carrier rate $ 0.66 per cwt (100 lbs) Rail car carrier rate $1.25 per cwt (100 lbs) Unit weight 25 pounds EOQ units 228.00 units EOQ pounts…arrow_forward
- Explain a real world example of the bullwhip effectarrow_forwardPerform a mathematical analysis of the Wilson EOQ model, and elaborate on its relevance and applicability in real-world scenarios.arrow_forwardVertical contracts that aim to decrease retailer prices typically Question 7 options: Benefits the consumers, manufacturers and retailers Hurts all the manufacturers, consumers and retailers Benefit the manufacturer, hurt the consumer and retailer Benefit the retailer, hurt the manufacturer and consumerarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY