Before the changes in packaging, shipping costs are $ per month. (Enter your response rounded to two decimal places.) After the changes in packaging, shipping costs are $| per month. (Enter your response rounded to two decimal places.) Thus, the new packaging will shipping costs by $ per month. (Enter your response rounded to two decimal places.)
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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?You have been asked to assist in determining freight cost for the following shipment from TuJim Device Mfg in Shanghai, China You have contacted a freight forwarder and they have given you the following main freight rates: Air: $19.25/kg Ocean- $150.00w/m The shipment consists of 5 pallets each 625kg ,each 101.6cmx121.92cmx91.44cm Show all calculations used to determine freight costsProfessor Gaffney needs to ship 800 pounds of laboratory equipment to a colleague across country. Due to limited departmental funds, Dr. Gaffney would like to minimize total shipment costs. Currently, the freight classification is 77.5. However, a local equipment manufacturing company is willing to specially package the equipment in order to drop the freight classification to 55. Use the table below to calculate the break-even cost of using this service. Class <500 (lbs) 500 (lbs) 1,000 (lbs) 2,000 (lbs) 5,000 (lbs) 10,000 (lbs) ≥20,000 (lbs) 50 34.31 28.56 24.61 23.24 17.24 15.48 10.68 55 36.97 30.55 26.57 24.16 18.46 17.39 11.66 60 39.74 32.33 27.57 26.51 20.79 19.37 12.03 65 41.06 34.18 29.27 28.15 21.77 20.29 13.46 70 44.33 36.93 31.29 29.84 22.87 21.13 14.46 77.5 48.53 39.82 34.83 32.75 24.46 23.58 15.75 85 51.89 42.44 36.17 34.08 26.97 26.14 17.32 92.5 55.94 46.12 39.75 37.35 28.76 28.08 18.77 100 60.07 49.31 42.43 40.15 30.86 30.54 20.39 In…
- Explain the operational planning needed in this freight operation. Include the transport routes, scheduling, and the types of multi-modal transport required, between the production facility in Prague to the warehouse in Hidd. 2. Explain the rules and regulations the company must meet in transporting the goods, including a suitable Incoterm, in this freight operation. 3. An explanation of the costs involved in this freight operation and how you would calculate a suitable charge-out rate (without using numbers).suppose you have an order of 600,000 pieces polo shirt.per box contain 40 pcs polo shirt,carton length: 50 cm, width: 30 cm, height: 30 cm, sea freight cost per CBM $45, shipment will be done in FCL basis.Calculate total required CBM and which container will be justifiable for shipmentHomie Appliance Company operates a branch in Manila City. The following are transactions between the home office and branch for the current year. The home office sends P200,000 cash to the branch. Shipments to branch are billed at cost of P78,750. The Home Office pays branch expense of P3,500. Home office expense of 3,375 are paid by the branch. The branch returned merchandise costing P10,000 to the home office. Home office acquires branch furniture for P20,500 cash. The said fixed asset is carried on Branch Books. The annual depreciation on the branch furniture is 5%. The branch sends a P15,000 cash remittance to home office. Q1-What is the adjusted balance of Branch Current account in the Home Office Books? Q2-What is the adjusted Home Office Current account in the Home Office Books?
- Scenario: John used the AirBnB platform to book a condo for his staycation with his family on Dec 17 in Cebu, but due to the typhoon Odette, he had to cancel on Dec 16. Because the cancellation was done within 48 hrs, he's no longer eligible for a full refund. He also missed to file a claim within 14 days due to power outage and loss of internet connection caused by the typhoon. 1. Identify the problems with Airbnb’s current refund process. 2. Provide at least three possible solutions and include the pros and cons for each suggested solution then choose the best solution based on your assessment. 3. What are the pros and cons of the current policy versus your proposed solution?Prince Electronics, a manufacturer of consumer electronic goods, has five distribution centers in different regions of the country. For one of its products, a highspeed modem priced at $380 per unit, the average weekly demand at each distribution center is 65 units. Average shipment size to each distribution center is 400 units, and average lead time for delivery is 3 weeks. Each distribution center carries 3 weeks' supply as safety stock but holds no anticipation inventory. a. On average, how many dollars of pipeline inventory will be in transit to each distribution center? $nothing. (Enter your response as an integer.) b. How much total inventory (cycle, safety, and pipeline) does Prince hold for all five distribution centers? nothing units. (Enter your response as an integer.)Dr. Vicki Belya is traveling from Yangoon to Los Angeles. She needs to change planes in Bangkok and board another airline’s flight in Tokyo. However, the ariline she is flying does not have interline agreements. Provide a basic explanation of what she can expect at every point of her journey.
- 5. The Ngo Farms produces its own natural organic fertilizer, which it sells mostly to the gardeners and homeowners. The annual demand for fertilizer is 270,000 pounds. The company is able to produce 305,000 pounds annually. The cost to transport the fertilizer from the plan to the nursery is $620 per load. The annual carrying load cost is $0.12 per pound. In reference to Problem No. 5, compute the total minimum cost.Explain the concept of "carrying capacity" and cite examples.Wholesale Building Materials (WBM) plans to enter the Florida market next fiscal year. The company has already decided on a product line to introduce to the FL market. WBM’s plan is to serve FL from a DC located in Houston, TX. As an initial market entrance strategy, WBM has signed a vendor-managed inventory (VMI) contract with a company in FL. According to the contract, WBM needs to bring 7% of the total demand during each inventory replenishment cycle (i.e., shipment size is 7% of the total demand) in addition, an amount equal to the replenishment quantity will be kept as the average inventory in Houston against contingencies. The expected demand in the market will be a function of the time responsiveness of WBM. The demand function is defined as follows: Where D is demand per year in terms of normalized units and T (in days) is the response time for a certain mode of transportation. The cost of each product is $100 in TX, the inventory holding rate per unit per year is 24%,…