Question: You have been tasked with determining if there is a faster, cheaper and better way to do the carrier selections. Using relevant information, you should:
You have been tasked with determining if there is a faster, cheaper and better way to do the carrier selections. Using relevant information, you should:
Develop a process or model to determine leastcost assignment of truckloads to carriers while meeting necessary requirements using the data given under Trips Day above.
Use your method to solve the problem for the three other instances given to you Trips Days and
For each of the four example days given, calculate the daily savings as both a dollar amount and as a percentage of the original manual cost for that day.
Estimate yearly savings using both the average dollars saved daily and an average percent saved applied to total yearly shipping costs using the four sample days you were provided. Which estimate for yearly savings do you think is more accurate and why? Explain.
Make a recommendation, with justification, as to whether your new approach is worthwhile to continue.
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