New York City - 220 miles (4 hours) Newark, NJ - 270 miles (5 hours) Philadelphia, PA
Question:
New York City - 220 miles (4 hours)
Newark, NJ - 270 miles (5 hours)
Philadelphia, PA - 320 miles (6 hours)
Baltimore, MD - 430 miles (8 hours)
Washington, D.C. - 470 miles (9 hours)
Buffalo, NY - 470 miles (8 hours)
Pittsburg, PA - 600 miles (10 hours)
Cleveland, OH - 770 miles (11 hours)
Richmond, VA - 600 miles (10 hours)
Charlotte, NC - 900 miles (14 hours)
The option of owning and operating a fleet of trucks instead of using 3PL providers. Note: it is expected that drivers would cost $35 per hour, including benefits; the truck cost would be $0.60 per mile. It is assumed that the truck drivers can cover 50 miles in an hour on average.
What is the total cost of a fleet of trucks?
Statistical Techniques In Business And Economics
ISBN: 9781260239478
18th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen