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
Premium Transport Shipping Waste
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
Premium Transport Waste Cargo
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
Premium Investment Net present value Mathematics
Economy Shipping Company It is recommended that Economy Shipping Company (ESC) replace the steamboat‚ Cynthia‚ with a new diesel powered boat. The analysis assumed no operating cost in 1950. Although ESC was presumably still in service during this analysis‚ the costs associated with the project evaluation were not accounted for until 1951. It was also implicit in the NPV calculations that any upgrade required subsequent to 1950 could be performed without any interruption to the daily
Premium Net present value Investment
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
Premium Cash flow Net present value Cash
Review‚ Volume 2‚ Numebr 1/2013 (Issue 3) ISSN 2304-2613 (Print); ISSN 2305-8730 (Online) ------------------------------------------------------------------------------------------------------------- Traffic Congestion in Bangladesh- Causes and Solutions: A study of Chittagong Metropolitan City Robaka Shamsher1 & Mohamamd Nayeem Abdullah2 1 2 Lecturer‚ School of business‚ Independent University‚ Chittagong‚ Bangladesh Lecturer‚ School of business‚ Independent University‚ Chittagong‚ Bangladesh
Premium Urban area City Metropolitan area
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‚
Premium United States People's Republic of China Communist Party of China
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
Premium Risk management
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
Premium Transport Cargo Logistics
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
Premium Containerization Cargo Ship