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please answer questions 5 and 6 and 9! and show how you got them and what formulas you used ? need to study! whats the
please answer questions 5 and 6 and 9! and show how you got them and what formulas you used ? need to study! whats the answers in 2 decimal points
Domestic Supplier Details One of the possible sources of supply is CousinsAg, located in Wahoo, Nebraska. The US Department of Labor reported that in 2002, 88,000 of Nebraska's wage and salary workers are members of unions. CousinsAg is a union shop with an average labor rate in their Wahoo, Nebraska facility of \$25.30 per hour. In responding to SL's Request for Quote (RFQ), CousinsAg's price is $85.00 per unit. As shown in Figure One, when an order is placed with CousinsAg it will take 10 days for them to process and manufacture the order, and an additional 5 days to ship it to SL's Alliance Fort Worth Distribution Center. Rail shipping cost from CousinsAg to AFW is $1,850. Based on similar rail shipments from that part of the country, Long assumes the standard deviation of the shipping time from Wahoo will be 1.14 days. Global Supplier Details The other possible source of supply is Dong Hai Supply, in Chengdu, Sichuan, China. Over the past decade, China aggressively developed their transportation and logistics infrastructure inland from the coast. As shown in Figure Three, the Chinese government is now actively promoting trade in areas such as Chengdu. Located 2,107 kilometers from the port of Shanghai, the Sichuan Administration of Price Control, Sichuan Department of Finance, and the Sichuan Labor Department have maintained strict wage controls to help develop manufacturing for export. The average labor rate in Chengdu is 10.36 Yuan per hour. The cument exchange rate is 1CNY China Yuan Renminbi (q)= 0.14646 US Dollar." In responding to SL's Request for Quote (RFQ), Dong Har Supply's price is 547= per unit. Final Case Study SCM 475 The global supply chain is shown in Figure Three. When an order is placed with Dong Fai Supply (EXW Chengdu, China) it will take 15 days for thern to process, manufheture, and atuff the order into a TBU container. Dong Hai Supply will use the Spartan Exporting Conplany (SEC) to ship the container to Long Beach. As a part of China's ageressive development in infrastructure, the high-speed Shanghai-Chengdu Railroad has recently been cormpleted, "=nd will take SEC 1 dayy to move the container by rail from Chengdu to Shanghai It will wait 4 days at the Port of Shanghai waiting to be loaded onto a ship, 16 days to cross the Pacific Ocean to the Port of Long Beach, and 3 drys waiting to clear customs and be unloaded onto a dockside rail spur in Long Beach. SEC charges +12,414.5 for each TEU shipped. Import tariffs and duties are $325 per TEU are incurred at Long Beach US. Customs and charged separately to SL on a monthly basis. Once the shipment clears customs and is oftloaded to nilcar in Long Beach it will take an additional 4 days to ship it to SL's Alliance Fort Worth Distribution Center. Rail shipping cost from Long Beach to AFW is $2,250. Based on similer mini-landbridge shipmeats from inland China, Long assumes the standard deviation of the shipping time will be 3.45 days Faced with thin information Koch has akked Long the following questions What is the ECONOMIC ORDER QUA NIIIY (use unit price only; do not include transportation costs) if we purchase everything from Cousins Ag ? From Dong Hai Supply? How many units of SAFETY STOCK will we need to hold if we purchase everything from Dong Hai Supply? From CousinsAg? Inventory Carry cost are based on the value of the product at the time it is held in inventory. What is the IN-TRANSIT CARRYING COST PER UNIT (in dollars and cents) if we purchase everything from Dong Gai Supply? From CousinsAg? What AVERAGE INVENTORY LEVEL (in units) will we hold at the SL's Alliance Fort Worth Distribution Center if we purchase everything from Dong Hai Supply? (Be sure to consider both safety stock and cycle stock) From CousinsAg? Inventory Carrying Costs are based on the value of the product at the time it is held in inventory. When the product is sitting in the SL Alliance Fort Worth Distribution Center, its value is a combination of purchase price plus any transportation costs to get it from the supplier to the DC plus in-transit carrying costs. What is the TOTAL ANNUAL INVENTORY CARRYTNG COST (in dollars) for the safety stock and cycle stock inventory held at the Alliance Fort Worth Distribution Center if we purchase everything from Dong Hai Supply? From CousinsAg? Inventory Carrying Costs are based on the value of the product at the time it is held in inventory. When the product is sitting at SL's Alliance Fort Worth Distribution Center, its value is a combination of purchase price plus any transportation costs to get it from the supplier to the DC plus in-transit carrying costs. ON A PER-UNIT BASIS (in dollars) what is the total inventory carrying cost for the safety stock and cycle stock inventory held at SL's Alliance Fort Worth Distribution Center if we purchase everything from Dong Hai Supply? From CousinsAg? Let's put it all together to determine the total cost per unit. We have determined the unit price, the transportation costs, and the SL Alliance Fort Worth Distribution Center's inventory carrying cost. If we also consider the Annual Ordering Cost, what is the TOTAL COST PER UNIT (in dollars) if we purchase everything from Dong Hai Supply? From CousinsAg? After you incorporate all the risk costs, which supplier is the LEAST TOTAL COST PROVIDER of Zizigooloo Step by Step Solution
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