Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Issue 1 A transport company received the sum of $1265.00 from its client for a shipment from Moncton to Montreal. The distance between these two

Issue 1 A transport company received the sum of $1265.00 from its client for a shipment from Moncton to Montreal. The distance between these two cities is 655 miles and its operating costs are $1.75 per mile.

How much should he receive for the return trip from Montreal to Moncton to cover his operating costs (ie to break even)?

You must demonstrate your calculations to get full points.

Issue 2 A transportation company received the sum of $1875.00 from its client for a shipment from Moncton to Brampton, ON. The distance between these two cities is 955 miles and its operating costs are $1.35 per mile.

How much should he receive for the return trip from Brampton, ON to Moncton in order to achieve a 10% profit on the entire trip (out and back)?

You must demonstrate your calculations to get full points.

Issue 3 Please use the Air Canada Fare Book to calculate the price for the carriage of the following shipment:

Air Canada Rates: Air Canada Rates

From Bathurst to Ottawa

1 Boxes each of 74 cms x 90 cms x 52 cms.

The weight of the box is 35 kg

You must demonstrate your calculations to get full points.

Issue 4 Please use the Air Canada Fare Book to calculate the price for the carriage of the following shipment:

Line for rates: Air Canada Rates

Prince Rupert, BC to Winnipeg, MB

4 Boxes each of 80 cms x 65 cms x 45 cms.

Each box weighs 12 LBS

You must demonstrate your calculations to get full points.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To calculate the amount needed for the return trip to break even we first find the total operating c... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Operations Research

Authors: Frederick S. Hillier, Gerald J. Lieberman

10th edition

978-0072535105, 72535105, 978-1259162985

More Books

Students also viewed these Economics questions

Question

How can positive self-talk help you change a bad habit?

Answered: 1 week ago