1. Assume Wright Plastics is interested only in minimizing delivery costs. What order size should it use,...
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1. Assume Wright Plastics is interested only in minimizing delivery costs. What order size should it use, if the pellets are delivered by a truck? How much should it order if they are delivered by train?
2. For Wright Plastics, which mode of delivery, truck or train, would require more frequent deliveries to the warehouse? How much more frequent would they be?
3. Assume that Wright Plastics’ transportation costs to the warehouse will be lower if the pellets are delivered by train. What is the minimum that Wright must save annually from transporting by train to make the train the less expensive option overall?
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
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