Huffman Trucking Income Statement / Vertical Analysis December 31st, 2006 | In Thousands$ | Percent of Net-Sales(Rounded) | | 2006 | 2005 | 2006 | 2005 | Revenues | 879,944 | 807,288 | 100% | 100 | | Operating Expenses | | Salaries, Wages & Benefits | 353,739 | 330,597 | 40% | 41% | Fuel Expense | 217,363 | 192,357 | 25% | 24% | Operating Supplies & Expenses | 152,318 | 136,319 | 17% | 17% | Purchased Transportation | 89,957 | 82,429 | 10% | 10% |…
Interpretation: This table gives us the optimal values of fleet size we should consider to solve the problem. Using the manual analysis we already know that the only possible cases are 3 and 4 respectively. But case 3 is most optimal because profit is maximized in it( 290) while in case 4( 215).…
J.B. Hunt Transport Services, Inc. is a publicly held trucking and transportation company. J.B. Hunt view themselves as “one of the largest surface transportation, delivery, and logistic companies in North America” (10-k, 2). As a company as a whole, they are responsible for providing their customers with “safe and reliable transportation and delivery services” (10-k, 2). In order to complete this task on a daily basis, J.B. Hunt is broken up into four different segments, each segment having their own particular tasks.…
Introduction You have recently been hired as the CEO of Road King Trucks, Inc. Road King Trucks Inc. is a California-based truck manufacturing company. The company is well known for manufacturing large, heavy-duty trucks at a reasonable cost. One of its greatest achievements is that its trucks can be easily modified or customized for different applications. Road King Trucks also builds school buses. The company is considering an expansion of its current product line to include transit buses. You feel that due to high gasoline prices, commuters will be more willing to consider using mass transit instead of using their cars to commute to work. Company Profile Road King Trucks, Inc. was established by the Smith brothers in 1880 as the California Wagon Company. The firm started manufacturing horse-drawn wagons to serve the growing population in California. The brothers quickly realized that the times were changing, so they started looking for the technologies that would keep them at the forefront of their field of business. In 1915, the Smith brothers decided that they needed to make trucks as replacements for the wagons, because trucks were starting to serve the same uses as wagons, and the wagon industry was not going to be viable in the longer term. The company started making school buses in the early 1940s. Most manufacturers had been commissioned by the government to produce different large vehicles to support World War II operations. Road King Trucks opted to produce buses. It was an easy decision to make, since the buses would use common parts with the companys trucks, and the customers were local governments. Starting in the 1950s, the school bus business accounted for about 50 of Road King Trucks revenues. The Transit Bus Opportunity You arranged a meeting with the firms top management, as well as the chief design and manufacturing engineers to propose his new product. You presented an argument that more individuals in the United States and…
Without truck restraints, the truck has the potential to damage the loading dock. If the loading dock is damaged in any way, it will have to be fixed in order to receive shipment. This can cause delay for product, which ultimately affects sales.…
* Trailer Tracking enables dispatch to match trailer and equipment types, so to eliminate equipment and driver downtime.…
Have I made a clear and fair judgment about each evaluative criterion? I have made a fair judgment about each evaluative criterion.…
Huffman Trucking, founded in 1936 with a single tractor trailer has grown tremendously over the years. Huffman Trucking now has 800 road trailers, 2100 45 ft. trailers, 260 roll-on and roll-off units, 925 drivers, and 425 support personnel. With facilities in Cleveland, OH, Los Angeles, CA, St. Louis, MO, and Bayonne, NJ, Huffman Trucking consulted with Smith Systems Consulting, who developed entities and attributes for the Fleet Truck Maintenance database, but did not develop the database. Therefore, Entity-Relationship Diagrams are needed in order to better document their applications.…
I find this a very rich case that makes for a great introduction to my course. To get the most out of it, you need to spend some time thinking about what the company does. Read the case carefully.…
This is probably one of the most important links in the chain. Like most manufactures and competitors, the bulk of transportation is over the road trucking. The big rigs will load at the DC and then start out on their prescribed routes. Most of the time the deliveries will be done at night while the location is closed. The driver will have access to the loading area and a virtual cage area where the drive can on load and off load product only. As long as he stays within the marked off area the alarm will not sound but cross the line and then “POP GOES THE WEASEL”. This way the store associates will be able to check in the order during store hours and not having to wait for the truck to arrive.…
Question 4.4. (TCO D) Your company is about to introduce a new product that will increase the fuel mileage on ANY gasoline-powered car by 25%. This is a genuine product that REALLY works and has received endorsements left and right as a tool to help America become less dependent on foreign oil. Utilizing the micropulverization capabilities of electronic frequency distribution, the GasEnhance device will take an automobile that gets 28 mpg and allow it to get 25% more mileage; that is, 35mpg. It REALLY works! Your cost to manufacture this product is $115.00 and installation…
willing to consider using mass transit instead of using their cars to commute to work.…
Problem Identification: In this case, TerraCog’s management failed to respond to competition in its market. Although competitor introduced a new GPS with satellite imagery to the market, TerraCog’s team dismissed the threat and decided not to take a responsive action. However, quickly the new GPS succeed and gained a significant market share. Eventually, TerraCog’s president decided to pursue a development of a directly competing product, and named the project Aerial. Unfortunately, the projected high costs of this project questioned its profitability and doubt its wisdom. The key managers of the company were not able to decide whether to execute the project or not, and Emma Richardson, the new executive vice-president, needed to push the…
371). A technological solution for this problem is the implementation of Automatic Vehicle Location (AVL). AVL works by using GPS on patrol cars and radio waves that are sent every so often to identify the location of patrol officers so that the administrator can keep track of where officers are spending their time during their patrol shift (Weisburd et al., 2015, pg. 371). Moreover, the AVL technology has the ability to determine the status of the officers such as whether they are responding to a service call; patrolling a hot spot; patrolling an area inside their beat; patrolling an area outside the beat, or just conducting a random patrol (Weisburd et al., 2015, pg.…
Superior Manufacturing is thinking of launching a new product. The company expects to sell $950,000 of the new product in the first year and $1,500,000 each year thereafter…