Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
8th Edition
ISBN: 9781337274852
Author: Ragsdale, Cliff
Publisher: South-Western College Pub
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- Explain why smaller shipments are challenging to transportation managersarrow_forwardWhat are the major trends and issues in ocean transportation? How does this impact global supply chain operations?arrow_forwardTourism and Cruise Shipping are critical industries to the economy of Jamaica and the wider Caribbean Region. Identify the maritime security threats that are commonly found in ports/harbours that serve the tourism industry and carefully explain the measures that can be put in place to mitigate against them.arrow_forward
- How do you think an intermodal transport system can make freight transport more efficient?arrow_forwardREAD THE PASSAGE CAREFULLY! Answer: What have you learned from the passage? What are your suggestions? The major purpose of transportation is to make food products useful by Transporting them from the farm or processor to the customer. In transporting food products, the primary concerns are the cost and the time it takes to move them from the farm to the processing and consuming centers. Transportation time and costs influence the location of production centers, the market area served, the qualities and sizes of products shipped to market, the form in which they are marketed, and the kind and type of transportation service used. There are listed effects of transportation cost. These are: 1. Location of production Conventionally, the location of production and the specialization in farm production are explained by the principle of comparative advantage. However, comparative advantage has been shown to be unstable, and shifts in production have changed over time. 2. Market area served.…arrow_forwardThe Winston Company has four distribution centers (A, B, C, and D) that require 40,000, 60,000, 30,000, and 50,000 gallons of de-ionized water, respectively, per month for cleaning their long-haul trucks. Three de-ionized water wholesalers (1, 2, and 3) indicated their willingness to supply as many as 50,000, 70,000, and 60,000 gallons, respectively. The total cost (shipping plus price) of delivering 1,000 gallons of de-ionized water from each wholesaler to each distribution center is shown in the following table: Distribution Center Wholesaler A B D $1.90 $1.90 $1.70 $1.60 $1.70 2 $1.40 $1.60 $1.70 3 $1.60 $1.50 $1.80 $1.40 a. Which of the following statements regarding setting up the tableau for the optimal solution for this problem is true? O A. The sum of supply capacities is greater than the sum of demands, so a dummy distribution center is needed. O B. The sum of supply capacities is less than the sum of demands, so a dummy wholesaler is needed. O C. The sum of supply capacities…arrow_forward
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