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Description: Imagine you are in charge of making the decision to lease orbuy a fleet of trucks for the moving company for which youwork. What factors would influence your decision and why?

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Imagine you are in charge of making the decision to lease orbuy a fleet of trucks for the moving company for which youwork. What factors would influence your decision and why?

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 5.1SC: Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing...

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Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?
13.2 A company manufactures component parts for machine tools in North America and ships them to Southeast Asia for assembly and sale in the local market. The components are shipped by sea, transit time averages 6 weeks, and the shipping costs $2700 per shipment. The company is considering moving the parts by air at an estimated cost of $7500; the shipment taking 2 days to get there. If inventory in transit for the shipment costs $125 per day, should they ship by air?
1. The bottleneck operations for manufacturing the chairs is cutting the woods. It is know that it takes 10 minutes to cutting the woods to make one chair. The company operates 8 hours per day, 20 days per month, what is the monthly capacity of the manufacturing process? 2. A company uses transportation mode analysis to decide whether to choose slower shipping or faster shipping from Portland to Los Angeles using ship connectors. The value of the connectors is $1,200. The holding cost is 10% per year. And the company knows one carrier is 1 day faster but $15 more expensive. Please help the company to make the decision.: whether to choose slower shipping or faster shipping.
Acadia Logistics anticipates that it will need more distribution center space to accommodate what it believes will be a significant increase in demand for its final-mile services. Acadia could either lease public warehouse space to cover all levels of demand or construct its own distribution center to meet a specified level of demand, and then use public warehousing to cover the rest. The yearly cost of building and operating its own facility, including the amortized cost of construction, is $15.00 per square foot. The yearly cost of leasing public warehouse space is $24.50 per square foot. E Click the icon to view the expected demand requirements. a. The expected value of leasing public warehouse space as required by demand is $ 10290000 . (Enter your response as a whole number.) b. The expected value of building a 230,000-square-foot distribution center and leasing public warehouse space as required if demand exceeds the need for 230,000 square feet of space is $ (Enter your response…
Acadia Logistics anticipates that it will need more distribution center space to accommodate what it believes will be a significant increase in demand for its final-mile services. Acadia could either lease public warehouse space to cover all levels of demand or construct its own distribution center to meet a specified level of demand, and then use public warehousing to cover the rest. The yearly cost of building and operating its own facility, including the amortized cost of construction, is $15.00 per square foot. The yearly cost of leasing public warehouse space is $24.50 per square foot. E Click the icon to view the expected demand requirements. a. The expected value of leasing public warehouse space as required by demand is S (Enter your response as a whole number.) More Info Requirements (in sq. ft) Probability 230,000 430,000 630,000 830,000 0.35 0.4 0.2 0.05 Print Done
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Aa33 Economics A solar factory is considering to invest $100,000 in a new machine. The necessity for this machine is predicted to endure only two years due to a quick shift in product mix, after which the machine is expected to have a salvage value of $40,000. The addition of this equipment to the current manufacturing plant is expected to bring $65,000 per year in revenue and the cost of operating is anticipated to be $7,000 per year. The factory only has $75,000 in equity funds, so it needs to borrow the remaining $25,000 at an 8% yearly interest rate, which will be paid back in two equal annual installments. The factory’s effective corporate tax rate is 18%. Assume the asset qualifies for a MACRS property classification of seven years. What is the project’s net present value with a MARR of 16%? (First, you should determine the annual after-tax cash flows) A) -$7,651.5 B) $12,891.9 C) $17,348.5 D) Answers A, B and C are not correct
The Summer Outdoor Furniture Company produces wooden lawn chairs. The annual demandfrom its store customers is 17,400 chairs per year. The transport and handling costs are $2,600each time a shipment of chairs is delivered to stores from its warehouse. The annual carryingcost is $3.75 per chair. The company is thinking about relocating its warehouse closer to its customers, which would reduce transport and handling costs to $1,900 per order but increase carrying costs to $4.50 per chair per year. Should the company relocate based on inventory costs?
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Problem 20-10 (Algo) You are a newsvendor selling San Pedro Times every morning. Before you get to work, you go to the printer and buy the day's paper for $0.45 a copy. You sell a copy of San Pedro Times for $1.40. Daily demand is distributed normally with mean = 340 and standard deviation = 68. At the end of each morning, any leftover copies are worthless and they go to a recycle bin. a. How many copies of San Pedro Times should you buy each morning? (Use Excel's NORMSINV() function to find the correct critical value for the given a-level. Round your z-value to 2 decimal places and final answer to to 2 decimal places.) 8 Answer is complete but not entirely correct. Optimal order quantity 0.05 b. Based on a, what is the probability that you will run out of stock? (Round your answer to the nearest whole number.) * Answer is complete but not entirely correct. Probability 3 X %
Corral Cartage leases trucks to service its shipping contracts. Larger trucks have cheaper operating costs if there is sufficient business, but are more expensive if they are not full. CC has estimates of monthly shipping demand. What comparison method(s) would be appropriate for choosing which trucks to lease?