Discuss the following: 1. Bill of Lading (BOL) and its importance in shipping( you should support your answer with examples.)
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Discuss the following:
1. Bill of Lading (BOL) and its importance in shipping( you should support your answer with examples.)
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- The chapter presented various approaches for the control of inventory investment. Discuss three additional approaches not included that might involve supply chain managers.What is carrying cost and provide an example of it.Cost tradeoff exists between transportation and inventory Select one: a. True b. False
- Ikagami Retail receives shipments of a particular product from Booker Store and PaulEnterprises. Let x = number of units of product received from Booker Store y = number of units of products received from Paul Enterprises Requirement: a. Write an expression for the total number of units of products received by Ikagami Retail.b. Shipments from Booker Store cost P20 per unit, and shipments from Paul Ent cost P25 per unit. Develop an objective function representing the total cost of shipments to Ikagami.c. Assuming a monthly demand at Ikagami is 5,000 units, develop a constraint that requires 5,000 units to be shipped to Ikagami.d. No more than 4,000 units can be shipped from Booker, and no more than 3,000 from Paul. Develop constraints to model this situation.e. Of course, negative amounts cannot be shipped. Combine the objective function and constraints developed to state a mathematical model for satisfying the demand at Ikagami at minimum cost.Ikagami Retail receives shipments of a particular product from Booker Store and PaulEnterprises. Let x = number of units of product received from Booker Store y = number of units of products received from Paul Enterprises Requirement: a. Write an expression for the total number of units of products received by Ikagami Retail.b. Shipments from Booker Store cost P20 per unit, and shipments from Paul Ent cost P25 per unit. Develop an objective function representing the total cost of shipments to Ikagami.c. Assuming a monthly demand at Ikagami is 5,000 units, develop a constraint that requires5,000 units to be shipped to Ikagami.17. Calculate Minimum level using the following information. Normal rate of consumption is 60 kg per week Maximum reorder period is 14 weeks Normal reorder period is 10 weeks Minimum reorder period is 6 weeks Minimum rate of consumption is 55 kg per week Maximum rate of consumption is 65 kg per week a. 250 kg b. 490 kg c. 430 kg d. 310 kg
- Explain : EOQ, Lead time, Economies of scale, Distribution center, Pallet.Milling companies have loads of requirements for their warehouses 1, 2, and 3 from their clients A, B, and C. Identify which among the stepping stone and MODI distribution methods proves to be cost-saving for the company. (Please provide solutions and explanation)The Objectives of Supply Chain Management is to be cost effective In Inbound Transportation Cost In Outbound Transportation Cost Across the entire Chain Od. In Inventory Management