Compute the total cost of shipping for the less than truckload (LTL) and truckload (TL) shipments. A correct answer will show the totals and the difference between the two schedules. Burnside Brokerage handles freight shipments for several shipping clients. As a brokerage, Burnside Brokerage acts as a "middle-man" or transportation intermediary by connecting shippers with carriers. Burnside Brokerage contracts with trucking companies to move the freight based on the freight forecasts received from their shipping clients. Based on the rates charged by the carriers, Burnside Brokerage adds a percentage margin to cover their operating costs and to obtain a profit. Many of their customers have sought more frequent shipments as a means to reduce their average inventory levels. As an employee of Burnside Brokerage, you have been asked to assess the effect of these more frequent shipments. Your assessment will compare the costs of shipping to three customers on a three-day-a-week schedule to the costs of shipping a single consolidated shipment occurring once a week. The volumes shipped to each customer by day are shown in the following table: *Client Monday Wednesday Friday Total Meade Mfg Denton, TX 18,000 lbs 12,000 lbs 14,000 lbs 44,000 lbs Hancock Hardware 10,000 lbs 15,000 lbs 17,000 lbs 42,000 lbs El Paso, TX Grant Granite 19,000 lbs 13,000 lbs 12,000 lbs Houston, TX 44,000 lbs Burnside Brokerage has requested that the carriers quote their rates in dollars per hundredweight (CWT). The rates quoted by the carriers depend on the lane (origin - destination pair) and the volume shipped Due to the low volumes per day, less-than-truckload (LTL) carriers must be used Based on the daily forecasts provided by the clients, the carriers have quoted the following rates Carrier Monday Wednesday Friday LTL rate LTL rate LTL rate Longstreet Trucking Serves Denton $18/CWT $23/CWT $21/CWT Pickett Logistics Serves El Paso $16/CWT $13.50/CWT $12/CWT Come on 13, UUU IUS 4.UUU IUS Houston, TX 19,000 IUS 12,00U IUS Burnside Brokerage has requested that the carriers quote their rates in dollars per hundredweight (CWT). The rates quoted by the carriers depend on the lane (origin - destination pair) and the volume shipped. Due to the low volumes per day, less-than-truckload (LTL) carriers must be used Based on the daily forecasts provided by the clients, the carriers have quoted the following rates: Carrier Monday Wednesday Friday LTL rate LTL rate LTL rate Longstreet Trucking Serves Denton $18/CWT $23/CWT $21/CWT Pickett Logistics Serves El Paso $16/CWT $13.50/CWT $12/CWT Grant Granite Houston, TX $19/CWT $24/CWT $25/CWT You recall from LSCM 4560, that larger LTL shipments may qualify for a truckload (TL) rate. The weekly total in the first column exceeds the minimum required by each of the three carriers. The TL rates quoted by the carriers are shown in the following table; TL Rate $13/CWT Carrier Longstreet Trucking Serves Denton Pickett Logistics Serves El Paso Grant Granite Houston, TX $11/CWT $17/CWT