plant ‘i’ to the j-th waste disposal site‚ where i = 1‚ 2‚ 3‚ 4‚ 5‚ 6 and j = A‚ B‚ C. The objective function of the manager is to minimize the total transportation cost for all shipments. Thus the objective function is the sum of the individual shipping costs from each plant to each waste disposal site: Minimize Z = 12+ 15+ 17+ 14+ 9+ 10+ 13+ 20 +11 +17 +16 +19 +7 +14 +12 +22 +16 +18 The constraints in the model are the number of barrels of wastes available per week at each plant and the number
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Stateline Shipping Stateline Shipping and Transport In the “Stateline Shipping and Transport Company” case there is the manager Rachel Sundusky of the South –Atlantic office of the Stateline Shipping and Transport Company. She is trying to negotiate a new shipping contract with Polychem where Stateline picks up and transport waste product form its six plants to three waste disposal sites. In this problem we are trying to determine the shipping routes the will minimize Stateline total cost. In
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Rachel Darrough Finance 431 9/17/12 Economy Shipping Company (Abridged) – Case #5 Spring of 1950‚ Economy Shipping Company in Pittsburgh was deciding to repair‚ the Conway‚ one of their steam riverboats or to just replace it with a new diesel-powered boat. Currently all the boats owned by Economy were steam-powered and were at least 10 years old‚ majority being 15-30 years old. The Conway was 23 years old and was in dire need of renovation or replacement. The best recommendation I have to offer
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DIESEL-POWERED BOAT .......................................... 5 EXHIBIT 6 – SCENARIO 5: LEASE A DIESEL-POWERED BOAT ....................................................... 5 Executive Summary Economy Shipping Company (ESC) was engaged mainly in the transportation industry and owned steam-powered boats. The company was considering whether to repair one of its’ steam boats or replacing it with a new diesel-powered vessel. After evaluating the different scenarios presented in the case‚ it is our recommendation
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One of the largest countries in the world‚ a territorial size of 9‚596‚961 square kilometers with land compromising of 9‚569‚901 square kilometers and 27‚060 square kilometers of the total territorial size being water‚ China is the fourth largest country in the world. China is located in Eastern Asia‚ bordering four of the world’s major seas and fourteen countries. These countries include Afghanistan‚ Bhutan‚ Burma‚ India‚ Kazakhstan‚ North Korea‚ Kyrgyzstan‚ Laos‚ Mongolia‚ Nepal‚ and Pakistan‚
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Perspectives 2011 Uncharted Transport mode.... Coastal Shipping & Inland waterways Potential in India Website : www.consultavalon.com Follow us on 0 India’s Maritime Story India is blessed with a long coastline of 7‚517 km.‚ dotted with 13 major ports and 176 non-major ports and a vast hinterland. India’s geographical setting has played a vital role in the progress of maritime activity Water way trade can be divided into Inland Waterway (IWT) and Shipping (Coastal & Overseas). The focus
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Urban Transport Project Abstract London is a busy city with many people wanting to get to a destination. London transport gets commuters and tourists moving from one place to the next‚ with a choice of buses and tube. The Tube is probably the best form of transport in London in terms of coverage‚ speed and reliability. However London buses are also great as they don’t get stuck in traffic due to buses having their own bus lanes. This report shows the quality of London’s public transport addressed
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CERTIFICATE IN COMMERCIAL RISKS IN SHIPPING Masters Postgraduate Diploma Diploma Certificate A comprehensive analysis of the many risks threatening the profits of shipping companies Learn how to mitigate risks to protect your bottom line Apply by th 18 January 2013 to SAVE £100 Managing maritime risks and reducing their financial impact on shipping companies SAVE up to 40% and improve performance with cost-effective in-company courses call +44 (0)20 7017 4455
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AN INTRODUCTION TO LINER SHIPPING BUSINESS NATURE AND SCOPE OF LINER SHIPPING BUSINESS: LINER SHIPPING BUSINESS A BRIEF HISTORICAL PERSPECTIVE OF SHIPPING THE MAIN CHARACTERISTICS OF LINER SERVICE THE MAIN CHARACTERISTICS OF TRAMP SERVICE TYPES OF LINER SERVICE OPERATORS THE IMPORTANCE & NEED FOR LINER SERVICE LINER TRADE ROUTES A BRIEF HISTORICAL PERSPECTIVE OF SHIPPING: The spirit of enquiry - looking beyond the forests‚ mountains‚ deserts & oceans. The era of explorations
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a strategic perspective‚ one of the company’s key objectives is to micro-match supply and demand by location‚ season‚ and time of day. 7-Eleven designs and manages location‚ inventory‚transportation‚ and information to support this objective. The company opens its store only to those areas where the potential customers exist rather open its stores everywhere in the country‚ And if they do so‚ this ultimately increase its cost which is against the design of its supply chain.These factors influence
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