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a and b not sure what more infomation is needed but number 6 is the full question and that is the graphic to along with
a and b
not sure what more infomation is needed but number 6 is the full question and that is the graphic to along with it
6. (15 points) Serum Institute of India (SIN) is the world's largest vaccine manufacturer located in Pune, India. Sil purchases the empty vials to store the produced vaccines from a supplier located in Chennai, India. SN purchases 50 million vials from the supplier each year at a price of $0.10 per vial. Each vial weighs 0.05 kgs (20 vials would weigh 1 kg). Following table shows the transportation options available. Si carries a safety inventory equal to 40% of the average demand for vials during the LOGM 4220: Supply Chain Management replenishment lead time. The holding cost rate is 25% per unit per year. Assume that there are 365 workdays per year. Also, assume that the transit time is lead time less one day. LOGM 4220: Supply Chain Management replenishment lead time. The holding cost rate is 25% per unit per year. Assume that there are 365 workdays per year. Also, assume that the transit time is lead time less one day. Carrier Rail Lead time (days) 4 Truck - Tata Truck - Leyland Truck - Hino Quantity Shipping cost shipped (vials) ($/kg) 1,000,000 $ 0.50 50,000 $ 1.35 100,000 $ 1.15 200,000 $ 1.00 ININ 2 a. What is the total cost (transportation - safety inventory cost - in transit inventory cost + holding cost) for each transportation option? b. Which transportation carrier would you suggest? Why? Carrier Lead time (days) 4 Rail Quantity Shipping cost shipped (vials) ($/kg) 1,000,000 $ 0.50 50,000 $ 1.35 100,000 $ 1.15 200,000 $ 1.00 Truck - Tata Truck - Leyland Truck - Hino 2 2 2 a. What is the total cost (transportation + safety inventory cost + in transit inventory cost + holding cost) for each transportation option? b. Which transportation carrier would you suggest? Why? 6. (15 points) Serum Institute of India (SIN) is the world's largest vaccine manufacturer located in Pune, India. Sil purchases the empty vials to store the produced vaccines from a supplier located in Chennai, India. SN purchases 50 million vials from the supplier each year at a price of $0.10 per vial. Each vial weighs 0.05 kgs (20 vials would weigh 1 kg). Following table shows the transportation options available. Si carries a safety inventory equal to 40% of the average demand for vials during the LOGM 4220: Supply Chain Management replenishment lead time. The holding cost rate is 25% per unit per year. Assume that there are 365 workdays per year. Also, assume that the transit time is lead time less one day. LOGM 4220: Supply Chain Management replenishment lead time. The holding cost rate is 25% per unit per year. Assume that there are 365 workdays per year. Also, assume that the transit time is lead time less one day. Carrier Rail Lead time (days) 4 Truck - Tata Truck - Leyland Truck - Hino Quantity Shipping cost shipped (vials) ($/kg) 1,000,000 $ 0.50 50,000 $ 1.35 100,000 $ 1.15 200,000 $ 1.00 ININ 2 a. What is the total cost (transportation - safety inventory cost - in transit inventory cost + holding cost) for each transportation option? b. Which transportation carrier would you suggest? Why? Carrier Lead time (days) 4 Rail Quantity Shipping cost shipped (vials) ($/kg) 1,000,000 $ 0.50 50,000 $ 1.35 100,000 $ 1.15 200,000 $ 1.00 Truck - Tata Truck - Leyland Truck - Hino 2 2 2 a. What is the total cost (transportation + safety inventory cost + in transit inventory cost + holding cost) for each transportation option? b. Which transportation carrier would you suggest? Why Step by Step Solution
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