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Application of Transportation Model
In the direct logic, the transportation model looks for the determination of a transportation plan of a particular commodity from a number of sources to a number of destinations. The data of the model comprise:
(1) The level of supply at each source and quantity of demand at each destination.
(2) The unit transportation cost of the commodity from each and every source to each and every destination.
As there is only one commodity, a destination can accept its demand from one or more sources. The purpose of the model is to establish the amount to be shipped from each source to each destination, and hence the total transportation cost is reduced.
Kinematic Pair: A pair is a joint of two elements which permits relative motion. The relative motion among the elements of links that built a pair is needed to be fully constrain
Suppose the spot price for Euro is $1.30, the futures price for delivery in 6 months is $ 1.29675. Assume that the 6 month borrowing/lending rate in Euro is 1.5 percent (annually,
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costs/per unit labor ... $ 4 materials ...5 fixed cost... $ 12 determine the break even point in units if the seeling price is $ 19 determine the break even point in sales at
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