Question: Two seperate questions. Please see below 2. Your options for shipping $100,000 of machine parts from Baltimore to Kuala Lumpur, Malaysia, are (1) use a

Two seperate questions.

Please see below

Two seperate questions. Please see below 2. Your

2. Two seperate questions. Please see below 2. Your

Your options for shipping $100,000 of machine parts from Baltimore to Kuala Lumpur, Malaysia, are (1) use a ship that will take 30 days at a cost of $3,800, or (2) truck the parts to Los Angeles and then ship at a total cost of $4,800. The second option will take only 20 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 30% of the value per year. If you have a third option and it costs only $4,000 and also takes 20 days, what is your most economical plan? Assume 365 days per year. The daily holding cost of Alternative 1 is $(Enter your response rounded to two decimal places.) The food items listed in the following table are stored on a cruise ship for a 7-day cruise. Using the following figure, indicate the best storage location for each item to minimize average distance traveled. Click the icon to view the data for the items discussed. Click the icon to view the picture of the storage location. Fill in the table below for the ratios of the number of trips to blocks of storage area (enter your responses as whole numbers). ITEM TRIPS/BLOCKS A B More info D E F AREA NEEDED (BLOCKS) G ITEM A B D E F G TRIPS PER VOYAGE 18 42 20 18 18 42 6 6 2 2 1 2 2 More info 11 13 15 17 Print Done Kitchen Aisle 2 4 6 8 10 12 14 16 18

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