Our Services

Get 15% Discount on your First Order

Alabama Atlantic is a lumber company that has three sources

January 27, 2022

Alabama Atlantic is a lumber company that has three sources of wood and five markets to be supplied. The annual availability of wood at sources 1, 2, and 3 is 15, 20, and 15 million board feet, respectively. The amount that can be sold annually at markets 1, 2, 3, 4, and 5 is 11, 12, 9, 10, and 8 million board feet, respectively.

In the past, the company has shipped the wood by train. However, because shipping costs have been increasing, the alternative of using ships to make some of the deliveries is being investigated. This alternative would require the company to invest in some ships. Except for these investment costs, the shipping costs in thousands of dollars per million board feet by rail and by water (when feasible) is given by the above table for each route.

Data attached below.

Questions and solution is attached below as well.

The capital investment (in thousands of dollars) in ships required for each million board feet to be transported annually by ship along each route is given next.

Considering the expected useful life of the ships and the time value of money, the equivalent uniform annual cost of these investments is one-tenth the amount given in the table. The objective is to determine the overall shipping plan that minimizes the total equivalent uniform annual cost (including shipping costs).

You are the head of the management science team that has been assigned the task of determining this shipping plan for each of the three options listed next.

Option 1: Continue shipping exclusively by rail.

Option 2: Switch to shipping exclusively by water (except where only rail is feasible).

Option 3: Ship by either rail or water, depending on which is less expensive for the particular route.

Present your results for each option. Compare.

Finally, consider the fact that these results are based on current shipping and investment costs, so that the decision on the option to adopt now should take into account management’s projection of how these costs are likely to change in the future. For each option, describe a scenario of future cost changes that would justify adopting that option now.

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

NURS 450: Public/Community Health Experiential Nursing Learning Course Assignment: Focused Self-Reflection

NURS 450: Public/Community Health Experiential Nursing Learning Course Assignment: Focused Self-Reflection Paper 85 points Assignment: The Focused Self-Reflection paper will address the knowledge, skills and attitudes of the BSN nursing student that have grown throughout the experiential learning opportunities, the time at SMSU, and/or professional experiences. These reflections are about

Florida National University Health in the Global Community Discussion Nursing Assignment Help

Health in the Global Community. Women’s health. Read chapter 15 and 17 of the class textbook and review the attached PowerPoint presentation. Once done, answer the following questions; 1. Describe globalization and international patterns of health and disease. 2. Identify international health care organizations and how they collaborate to improve

Chapter 7: Project Risk Identification Tools Project Quality Conference Paper:

Chapter 7: Project Risk Identification Tools Project Quality Conference Paper: https://www.pmi.org/learning/library/practice-three-project-quality-management-7198 Project Quality Conferecne Paper: https://www.pmi.org/learning/library/developing-grading-system-project-quality-6731 Six Sigma Conference Paper: https://www.pmi.org/learning/library/quality-commitment-six-sigma-initiatives-4801 Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that

Names for unmarried men would be bachelor, single. Positive Connotations: Independence, freedom, adventurous, a choice and a focusing on personal

Names for unmarried men would be bachelor, single. Positive Connotations: Independence, freedom, adventurous, a choice and a focusing on personal pursuits or career. Negative Connotations: Not wanting to be in a committed relationship, and reluctance to settle down. Names for an unmarried woman would be bachelorette, spinster ,and single. Positive

A rational function is one that can be written as

A rational function is one that can be written as a polynomial divided by a polynomial or the quotient of polynomials. Since polynomials are defined everywhere, the domain of a rational function is the set of all numbers except the zeros of the denominator. The rational function f(x)= can be

Provide information on how to educate your patients or family on improving their health issue (OBESITY) . Focus on what the most important issue (s) are: 32-year-old Caucasian male with a history of Nursing Assignment Help

Provide information on how to educate your patients or family on improving their health issue (OBESITY) . Focus on what the most important issue (s) are: 32-year-old Caucasian male with a history of

Discussion 1 Respond to the following in a minimum of

Discussion 1 Respond to the following in a minimum of 175 words: Discuss the relationship between organizational change and the organization’s need to stay competitive in a global market. How much does this relationship drive change? What other factors drive organizational change? Discussion 2 Respond to the following in a

Module Title :: Accounting and Finance for Decision Making Assessment Task :: Business Report based on Case Study Word Count :: 1,750 words (‡10%) Type of

Module Title :: Accounting and Finance for Decision Making Assessment Task :: Business Report based on Case Study Word Count :: 1,750 words (‡10%) Type of Submission :: Written Report Method of Submission :: Turnitin via Moodle Typed feedback within Turnitin in Moodle. Once the assignment is marked, Feedback the

Assignment: Diagnosis: The Burden of Stigma in Help Seeking The

Assignment: Diagnosis: The Burden of Stigma in Help Seeking The threat of public stigma, as well as self-stigma, can prevent individuals from receiving the mental health treatment they need. In this Assignment, you analyze the influence of stigma on experiences with and treatment of mental illness. To prepare: Watch the

After reviewing Module 6: Lecture Materials & Resources, explain approaches

After reviewing Module 6: Lecture Materials & Resources, explain approaches to community intervention and evaluation. Implement a teaching and evaluation plan. Choose one topic from the prevention strategies and intervention recommendations identified in Module 4 Assignment. Develop a teaching plan, including objective, content outline, teaching method, and time in

Exercise Content Explain the “Interpersonal Conflict Management Strategies” as stated

Exercise Content Explain the “Interpersonal Conflict Management Strategies” as stated in the textbook. Instructions: You must provide the textbook chapter with your answer. You will be deducted .50 points if not provided. Your initial post must be at least 200 words. You will be deducted .50 point if not provided.

Right to Ride: Street Car Boycotts and African American Citizenship in

Answer both of the question from 170 to 250 max of worlds count each. 1. Throughout the South, segregation of street cars and trains mirrored other infringement of rights suffered by blacks of the day. Dr. Kelley gives several examples of this happening. What examples does she mention and how

Develop a disaster recovery plan for an organization. Your plan

Develop a disaster recovery plan for an organization. Your plan should cover the following sections (these sections detail the elements in a DR plan in the sequence defined by industry compliance standards ISO 27031 and ISO 24762): This section should summarize key action steps (such as where to assemble

CASE: PepsiCo “Take PepsiCo, for example. As one of the

CASE: PepsiCo“Take PepsiCo, for example. As one of the leading soft drink makers and bottlers, PepsiCo turned to IoT for the most basic of reasons and found an efficient solution. Like many enterprises, the company had inefficient and ineffective IT and OT infrastructure, as well as limited IT and OT

double space – Each prompt question should be used as

double space – Each prompt question should be used as a header and answered using at minimum 1 paragraph (5 sentences). DUE 01/21/22 2:00 PM florida time TOPIC: how has COVID affected schools and low-income people?Prompt Questions: Provide a summary of the material you have chosen to journal about with

TU Health & Medical Alcohol and Tobacco Use?? Discussion Nursing Assignment Help

I need help with a Health & Medical question. All explanations and answers will be used to help me learn. For the past 2 decades or so, researchers have viewed alcoholism from a “biomedical” point of view. Many researchers thought that it was only a matter of time before a

After having read the food-related articles on ‘Race and Exclusion in the Food Systems’ provide a discussion on the following: Article: If They Only Knew,

After having read the food-related articles on ‘Race and Exclusion in the Food Systems’ provide a discussion on the following: Article: If They Only Knew, The Unbearable Whiteness of the Alternative Food Movement What is the alternative food movement? Does the alternative food movement need an alternative? Whether you agree or

Need a 10-12 slide powerpoint presentation with notes for a

Need a 10-12 slide powerpoint presentation with notes for a presentation. I have to do the following: This week’s assignment affords you the opportunity to present your findings of the problem you have solved or the change opportunity you recommend to the leadership of the organization(s) you are working