Question 1
A shipment of parts valued at $75,000 needs to be shipped from Tampa, FL, to Chicago, IL. They could be shipped by rail, taking 15 days at a cost of $1,575, or by truck, taking 4 days at a cost of $2,640. The annual holding cost rate for this type of item has been estimated at 22%. What option is more economical?
Question 2
A transportation firm spends 60% of its sales in the supply chain, and has a net profit margin of 6%. The company is about to invest $100,000 in one of two ventures. One venture is advertising-based, and is expected to increase revenues (sales) by $600,000 (after spending the $100,000). The other venture applies the money in supply-chain efficiencies that are expected to save $200,000 (again, after spending the $100,000). Which of these two ventures offers the larger increase in profit to the firm? Use Table 11.3, reproduced below.
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
Chain of infection.
Profit-maximizing Chart
Oil supply and prices affect the economies of nations
Firm handshake
Amino Acids Grouped by Their Side Chain Properties