Business, 29.11.2019 04:31, babyduckies37

Total logistics analysis with probabilistic supply, single location. given the following data, chose a transportation mode based on total logistics cost: truck rail shipment price $2000 $2700 vehicle capacity 3200 cases 5400 cases max transit time 5 days 10 days min transit time 3 days 6 days average transit time 4 days 8 days 1 month=30.4375 days. the product to be shipped is canned fruit. the value is $20 per case. demand for the product is 1500 cases per month. interest rate is 25% per annum for inventory holding. we aim at providing a 95% service level. note: include safety stock in your calculations. assume demand is constant. assume lead-time is normal, which means that (practically) the range (i. e. max-min) of transit-time values will equal to 6 where  is standard deviation of lead time.

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Total logistics analysis with probabilistic supply, single location. given the following data, chose...