transportation problem consists of 18 decision variables‚ representing the number of barrels of wastes transported from each of the 6 plants to each of the 3 waste disposal sites: = Number of Barrels transported per week from 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
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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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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 that ESC should rent a diesel-powered boat. This decision was based on a Net Present
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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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Safe and fast travel is what the commuters expect from our public transport system. It is supposed to be the cheapest and best option. But for the students of Kristu Jayanti College and the other neighbouring colleges‚ that is not the case. The number of BMTC buses operating from Hennur main road to Kothanur is found to be highly insufficient during the morning peak hours. The students commuting in this route find it very difficult to reach their college safely in the right time. They are of the
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MAURITIUS TRANSPORT CONSENSUS FORUMS – BRIEFING TO THE HON. MEMBERS OF THE CABINET GOVERNMENT OF MAURITIUS by Jonathan Richmond Transport Adviser to the Government of Mauritius 28 September 2006 INTRODUCTION This briefing document reports on a process to achieve consensus among twenty major stakeholders on transport policies and actions needed for Mauritius. Following forums held on 14 and 21 September‚ nineteen out of twenty participants reached agreement on a set of proposals and signed a
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bigger roads seems to solve traffic jams‚ but clearly it has never been the case. What creates traffic is not the number of cars but the number of trips. More infrastructure = makes it works. Solution: restrict car use. Best way to restrict car use-- restrict parking. City absolutely hated itself. When he became mayor‚ he started investing in people-- bus based public transportation system. TransMilenio (bus rapid transport system)-- copied a system from a city Brazil. Erased the stigma that bus carries
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What’s the case mainly about? The case is mainly about how Cathay Pacific to manage aviation spare part and optimal its aviation spare part management process‚ so as to reduce the huge cost by on this. Cathay Pacific is one of the leading companies in the airline industry‚ however‚ it also suffer from the high cost in managing spare part inventory. Cathay Pacific was founded in 1946‚ which provide only a few route with a small passenger plane at that time. It is a company that is innovative on using new
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1 Problem 1-4. An Analysis of the transactions made by Acme Consulting for the month of July 1. Explain each transaction. 1) $20‚000 is the amount invested by the owner/s into the business 2) $7‚000 is the cost of the equipment purchased for the business. $5‚000 has been paid. $2‚000 is the amount still owed for the purchase. 3) $1‚000 is the amount expended to purchase inventories and supplies for the business. 4) $4‚500 is the amount paid for
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FINA 6040E Investment Analysis and Portfolio Management Case Study Shanghai Hai Xing Shipping Company Andrew Fung (1009010180) Yiu Tsz Yan Brenda (1155009775) Gavin Niu Lam Yung Wai Matthew (1155009776) “H” Shares in 1993-1994 In the 1990’s‚ there was around 100‚000 state owned enterprises (SOE) in China and over half of them were losing money. Since 1992‚ most of the SOEs were given freedom to reform and extensive new investment was required for the action
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