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During the next three months, Steelco faces the following demands for steel: 100 tons (month 1); 200 tons (month 2); 50 tons (month 3). During any month, a worker can produce up to 15 tons of steel. Each worker is paid $5,000 per month. Workers can be hired or fired at a cost of $3,000 per worker fired and $4,000 per worker hired (it takes 0 time to hire a worker). The cost of holding a ton of steel in inventory for one month is $100. Demand may be backlogged at a cost of $70 per ton month. That is, if 1 ton of month 1 demand is met during month 3, then a backlogging cost of $140 is incurred. At the beginning of month 1, Steelco has 8 workers. During any month, at most 2 workers can be hired. All demand must be met by the end of month 3. The raw material used to produce a ton of steel costs $300. Formulate an LP to minimize Steelco's costs.
The logistics of a global cold chain getting fresh vegetables from farms in Thailand to supermarkets in Europe
Extreme Hats is debating whether to use private transportation to get the intermodal containers to the port for this order. Based on information from the text, discuss advantages and disadvantages to private transportation.
How do you make sense of the teams decline Discuss and Can Wilde turn the team's performance around in two years?
nbspits an interesting debate to support the public procurement legislation that pr ohibits post-tender price
What interactions need to take place among the marketing, manufacturing, logistics, and finance departments? Explain the logistics department's role in the introduction of the new product.
How can co-operation and trust be fostered between partners in the supply chain? Please discuss in context of a industry.Backup your write up with real life situation from well know companies.
Assignment on InventoryAnalysis
Explain the levels of intensity in the distribution channel
What major learning on managing the value chain can apply in practice as a manager in your organisation - view of managing the value chain before entering this subject and how this has, or hasn't changed.
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Examining Supply Chain Profitability In this web research assignment, you will research a company that uses supply chain management (SCM) and look at how their organizational profitability is affected by it. An explanation of how they use supply ch..
The key drivers of supply chain performance in a complex environment - Barriers which companies face during the implementation of new supply chain strategies
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