What is the freight rate in both volume and weight

Assignment Help Operation Management
Reference no: EM131139954

In this hypothetical situation, you are responsible for shipping material that is measured as volumetric cargo – CBM, which stands for Cubic Meter, to be calculated as length X width X height. Also assume that you will get charged per Freight Ton (weight, or volume, whichever is higher).

1. If the length is 1.6 meters, and the width is 3.2 meters, and the height is 2.8 meters, what is the CBM?

2. If your freight rate is quoted as USD. 10/per freight ton and the weight of the package is 2,500 kilograms, what is the freight rate in both volume and weight?

3. Which freight rate will apply?

Verified Expert

Shipment of materials from one point to another is a very critical component of an organization that does containerisation. Containerisation refers to the process of transporting materials and other goods from one point to another point. The cost of shipping depends on the weight of the materials to shipped and space the occupy in the container.

Reference no: EM131139954

Questions Cloud

Determine discharge with recurrence interval of 100 years : Determine the discharge with a recurrence interval of 25 years - Determine the discharge with a recurrence interval of 100 years.
How much would the company have to receive in licensing : By filling carbon nanotubes with miniscule wires made of iron and iron carbide, incredibly thin nano wires could be extruded by blasting the car- bon nanotubes with an electron beam. If Gentech Technologies spends $2.7 million now in develop- ing ..
Determine the discharge with a recurrence interval : A 50-year annual series of peak discharges is described by the log-normal distribution. The geometric mean of the series is 60,000 cfs and the standard deviation of the log of the discharges is 0.43.
What did you eat or drink that contributed to the excess : Did your intake of any nutrient fall short of the "recommended or acceptable" range? If so, which one? What should you eat to add more of these nutrients to your diet?
What is the freight rate in both volume and weight : In this hypothetical situation, you are responsible for shipping material that is measured as volumetric cargo – CBM, which stands for Cubic Meter, to be calculated as length X width X height. Also assume that you will get charged per Freight Ton (we..
Why arent actual manufacturing overhead costs traced to job : Why aren't actual manufacturing overhead costs traced to jobs just as direct materials and direct labor costs are traced to jobs?
What is the return period for a discharge : What is the return period for a discharge of 2000 m3/s - what is the return period for a discharge of 3000 m3/s?
Natural disaster-implement your management plan : Living on the Gulf Coast is a benefit that many residents of a small Southern town enjoy; however, natural disasters are a concern. The town has just been struck by a hurricane and the entire basement of your operation is flooded by the storm surge. ..
Evaluate at least two work motivation theories : Examine the role of job satisfaction and its influence on retention at the casino. Provide recommendations for improving job satisfaction of the employees and how that can play a part in successfully improving retention.

Reviews

Write a Review

Operation Management Questions & Answers

  What is the best decision based on an expected monetary

What is the best decision based on an expected monetary value criterion, Page Engineering designs and constructs air conditioning and heating systems for hospitals and clinics. Currently, the company's staff is overloaded with design work

  Explain the trade off between responsiveness and stability

Explain the trade off between responsiveness and stability in a forecasting system that uses time series data

  Describe the process of decision analysis with probabilities

Describe the process of decision analysis with probabilities. Make sure to talk about the expected value approach, decision trees, sensitivity analysis, and how sample information may be used to revise and improve the decision analysis. Examples?

  Hospital of western ontario case analysis

Paediatric orthopeadic clinic at the children''s hospital of western ontario case analysis?

  Dscribe the various ways in which pay can affect employee

q1 what are the different ways in which pay can influence employee motivation and behavior? be specific and please

  Individual was injured while setting off fireworks

Directions Read the following case: An individual was injured while setting off fireworks that he purchased from the ACME Fireworks Company. This individual was a resident of the state of Oregon. He was injured after lighting the fireworks in Oregon...

  Discuss why human resource management and the law

Even if you don't plan on being in HR, it is important for you to know the information from this chapter. Let's discuss why Human Resource Management (HRM) so important. Please pick a specific area, and indicate it in the subject line.

  Milestones are best defined

When estimating resources, a good project manager will consider __________. A project manager can estimate how long an activity will take by __________. Milestones are best defined as ___________.

  Monthly actual and forecasted demand levels

The following are monthly actual and forecasted demand levels from May through December for units of a product manufactured in d company.

  What is the nominal rate of interest convertible monthly

David makes a sequence of 38 monthly deposits of $450 each into an account paying interest convertible monthly. Immediately after making the 38th deposit, the account balance is $18870.45 dollars. What is the nominal rate of interest convertible mont..

  What is the economic order quantity and time between orders

ABC has a demand (which is deterministic) for 27,000 DVD’s per month. The cost of a DVD is $2.30 and the holding cost is 30 percent of the cost of the product per year. The ordering cost is $700 per order. There are 350 days per year. What is the eco..

  Occupational safety and health management system

Explain why worker participation is universally important to Occupational Safety and Health Management System

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd