- Problem Description - A company would like to transport 2-cylinder engines to a manufacturer. - Based on the given parameters, select the best alternative in terms of the total cost. - Parameters - Demand =10,000 engine/year (assume that 1 year =365 days) - Cost =$500 /engine - Annual Interest Rate =25%/ year - Weight =200lbs /engine - Safety stock =75% of ddlt (demand during lead time) - Lot size (Q)=100 Assignment - Tasks - Calculate the cost per each transportation mode alternative - Show your work for cost calculation - Compare the transportation costs of the alternatives - Must use the following table format - Select the best alternative in terms of transportation cost - Report Submission Guidelines - Write down your work on paper (you may use Microsoft Word) - Scan the paper and convert it to a PDF file (you may convert from Word to PDF - Submit the PDF file to Canvas - Problem Description - A company would like to transport 2-cylinder engines to a manufacturer. - Based on the given parameters, select the best alternative in terms of the total cost. - Parameters - Demand =10,000 engine/year (assume that 1 year =365 days) - Cost =$500 /engine - Annual Interest Rate =25%/ year - Weight =200lbs /engine - Safety stock =75% of ddlt (demand during lead time) - Lot size (Q)=100 Assignment - Tasks - Calculate the cost per each transportation mode alternative - Show your work for cost calculation - Compare the transportation costs of the alternatives - Must use the following table format - Select the best alternative in terms of transportation cost - Report Submission Guidelines - Write down your work on paper (you may use Microsoft Word) - Scan the paper and convert it to a PDF file (you may convert from Word to PDF - Submit the PDF file to Canvas