A company normally ships to a customer by rail at a cost of $500 per load. The transit time is fourteen days. The goods can be shipped by truck for $700 per load and transit time of four day. If transit inventory cost is $35 per day, what does it cost to ship each way?
Qualitative techniques are productions based on judgment, intuition, and informed opinions.
Annual cost of pacing orders and annual cost of carrying inventory, together forms:
to the marketplace depends on being able to provide shorter lead times and better due date performance.
