Question
1. What are the existing challenges facing Kumar? What are the alternatives available to him? 2. How much money would JSW make if Kumar chose
1. What are the existing challenges facing Kumar? What are the alternatives available to him?
2. How much money would JSW make if Kumar chose to send the material to JSAW by rail?
3. If the material is sent by barge, what is the probability that Kumar would be able to ship it to JSAW in time and without any damage? How much money would JSW make in this scenario?
4. How many hours are required to transport the material from JSW to JSAW using the rail and barge options? Which mode is faster?
5. Keeping all the possibilities in mind, what should Kumar do? Why?
6. An agency at the Goa port can provide immediate information to Kumar on the availability of Class I barges. How much should Kumar pay the agency to obtain such information?
7. Kumar approached a consultant who was ready to provide information on Monday, regarding the availability of a JUMBO rake. How much can Kumar afford to pay the consultant to instead provide the information now, on Sunday?
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