Name: R: Calculate the cost of moving the following LTL shipments using the tables in Appendix 11-B (be sure to identify the class of the freight, rate basis number, and class rate that you use to calculate the cost): SHOW ALL WORK!!!! ASSIGNMENT 3 TRANSPORTATION COSTING/PRICING ASSIGNMENT SHIPMENT A Commodity Origin Destination Shpt. size rigid plastic plate (22 ft long x 4 ft wide) Crossvillage. Michigan Clifford, Ohio 120 plates weighing 100 pounds each 1. Under what conditions (full capacity, excess capacity, neither, or both) should the following shipments be accepted by your company? How much profit will be made on the shipment? CLASS OF FREIGHT RATE BASIS NUMBER WEIGHT OF FREIGHT CLASS RATE Variable Costs Fixed Costs CALCULATION Revenue Generated Which costs are covered? (variable, both, neither) Accept freight under what conditions? (full, excess, neither, both) How much profit/loss will be made? $352 $693 $1225 SHIPMENT B $966 $596 $1542 $275 $575 $257 $677 $580 Commodity Origin Destination Shpt. size Personal effects - released value of 80cents per pound Columbus, Ohio Columbiaville, Michigan 190 boxes weighing 50 pounds each $2219 CLASS OF FREIGHT RATE BASIS NUMBER 3. WEIGHT OF FREIGHT CLASS RATE Clipper Incorporated of Miami, FL produces hedge trimmers in quantities of 10 at a production cost of $1695. The market value of a batch of 10 in Lansing, MI is $2688. They have contacted Hurricane Freightways to move the shipment. The manager at HF knows from past experience that the variable costs of moving 10 of these items from Florida to Michigan is $545 and the fixed costs are $150. CALCULATION Draw schematic diagrams of the zone of negotiation for this situation assuming that: SHIPMENT C (A) Hurricane is currently at full capacity (B) Hurricane has excess capacity. Commodity Origin Destination Shpt. size Personal effects - released value of 80cents per pound Columbus, Ohio Columbiaville, Michigan 201 boxes weighing 50 pounds each Upper URREE Limit Limit CLASS OF FREIGHT RATE BASIS NUMBER WEIGHT OF FREIGHT CLASS RATE CALCULATION 5. What do you find when you compare the cost of Shipment B and Shipment C? Why is this happening? What would you do? Name: R: Calculate the cost of moving the following LTL shipments using the tables in Appendix 11-B (be sure to identify the class of the freight, rate basis number, and class rate that you use to calculate the cost): SHOW ALL WORK!!!! ASSIGNMENT 3 TRANSPORTATION COSTING/PRICING ASSIGNMENT SHIPMENT A Commodity Origin Destination Shpt. size rigid plastic plate (22 ft long x 4 ft wide) Crossvillage. Michigan Clifford, Ohio 120 plates weighing 100 pounds each 1. Under what conditions (full capacity, excess capacity, neither, or both) should the following shipments be accepted by your company? How much profit will be made on the shipment? CLASS OF FREIGHT RATE BASIS NUMBER WEIGHT OF FREIGHT CLASS RATE Variable Costs Fixed Costs CALCULATION Revenue Generated Which costs are covered? (variable, both, neither) Accept freight under what conditions? (full, excess, neither, both) How much profit/loss will be made? $352 $693 $1225 SHIPMENT B $966 $596 $1542 $275 $575 $257 $677 $580 Commodity Origin Destination Shpt. size Personal effects - released value of 80cents per pound Columbus, Ohio Columbiaville, Michigan 190 boxes weighing 50 pounds each $2219 CLASS OF FREIGHT RATE BASIS NUMBER 3. WEIGHT OF FREIGHT CLASS RATE Clipper Incorporated of Miami, FL produces hedge trimmers in quantities of 10 at a production cost of $1695. The market value of a batch of 10 in Lansing, MI is $2688. They have contacted Hurricane Freightways to move the shipment. The manager at HF knows from past experience that the variable costs of moving 10 of these items from Florida to Michigan is $545 and the fixed costs are $150. CALCULATION Draw schematic diagrams of the zone of negotiation for this situation assuming that: SHIPMENT C (A) Hurricane is currently at full capacity (B) Hurricane has excess capacity. Commodity Origin Destination Shpt. size Personal effects - released value of 80cents per pound Columbus, Ohio Columbiaville, Michigan 201 boxes weighing 50 pounds each Upper URREE Limit Limit CLASS OF FREIGHT RATE BASIS NUMBER WEIGHT OF FREIGHT CLASS RATE CALCULATION 5. What do you find when you compare the cost of Shipment B and Shipment C? Why is this happening? What would you do