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MindTap Business Statistics for Ragsdale's Spreadsheet Modeling & Decision Analysis, 8th Edition, [Instant Access], 2 terms (12 months)
8th Edition
ISBN: 9781337274876
Author: Cliff Ragsdale
Publisher: Cengage Learning US
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Cargo Loading. You are in charge of loading cargo ships for International Cargo Company (ICC) at a major East Coast port. You have been asked to prepare a loading plan for an ICC freighter bound for Africa. An agricultural commodities dealer would like to transport the following products aboard this ship:Commodity Tons Available Volume per Ton (cu.ft.) Profit per Ton ($)1 4,000 40 702 3,000 25 503 2,000 60 604 1,000 50 80You can elect to load any or all of the available commodities. However, the ship has three cargo holds with the following capacity restrictions:
Cargo Hold Weight Capacity (tons) Volume Capacity (cu.ft.)Forward 3,000 100,000Center 5,000 150,000Rear 2,000 120,000More than one type of commodity can be placed in the same cargo hold. However, because of balance considerations, the weight in the forward cargo hold must be within 10 percent of the weight in the rear cargo hold, and the center cargo hold…
Cargo Loading. You are in charge of loading cargo ships for International Cargo Company (ICC) at a major East Coast port. You have been asked to prepare a loading plan for an ICC freighter bound for Africa. An agricultural commodities dealer would like to transport the following products aboard this ship:Commodity Tons Available Volume per Ton (cu.ft.) Profit per Ton ($)1 4,000 40 702 3,000 25 503 2,000 60 604 1,000 50 80You can elect to load any or all of the available commodities. However, the ship has three cargo holds with the following capacity restrictions:
Cargo Hold Weight Capacity (tons) Volume Capacity (cu.ft.)Forward 3,000 100,000Center 5,000 150,000Rear 2,000 120,000More than one type of commodity can be placed in the same cargo hold. However, because of balance considerations, the weight in the forward cargo hold must be within 10 percent of the weight in the rear cargo hold, and the center cargo hold…
Joburg Logistics (JL), a distributor of various products in
Polokwane receives their products from suppliers in
Durban, Cape Town, and Johannesburg. The company's
management is concerned with the supply cost of a
certain product that is supplied by a manufacturer in
Durban. Currently JL has a contract with Transnet Freight
Rail (TFR) for the transport of the orders from Durban. The
following are the rail rate and transit time:
Transit time (rail)
Rail rate
5 days
R2.75/unit
The impact on the transport and inventory carrying cost
because of this arrangement is a concern of the logistics
director, Mrs Micky. As a result, Mrs Micky has requested
the logistics manager to evaluate the option to use a 3PL
service provider for the shipment from Durban to
Johannesburg. The logistics manager has identified a
certain 3PL company that has the capacity to perform this
contract. However, in order to provide a transport rate, the
3PL company required the size and frequency of orders.
JL currently…
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