How do you determine a Total supply chain toal cost of supply analysis and the cost of operations per day given the following:
Material Cost-$300 per barrel
Freight Cost $1600 per truckload
Inventory Cost: 1000 units @ $300 per unit
Admiistrative Costs $300 per truckload
Holding cost .35 per day per unit
1000 units sold per day, 5 days a week, thanks.
250 units in one truck
Supposed to use the following formula if possible for TAC: TAC=pD+ freight cost + (Q/2+pipeline inventory)H+ admin costs