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Teaching Note: China Imports
The goal of this case is to get students to evaluate the cost of using different transportation modes for
various product categories. Air freight and ocean shipping are the two transportation modes considered.
Air freight is faster and has a lower minimum requirement, but it is more expensive than ocean shipping.
Smartphones and decorative hardware are the two product categories considered. Smartphones have
high value and low weight while decorative hardware has lower value and greater weight. Also, demand
for smartphones is more unpredictable than demand for hardware.
What is the annual cost of using air freight to import smartphones? What is the annual cost of using
ocean shipping to import smartphones?What is the annual cost of using air freight to import decorative
hardware? What is the annual cost of using ocean shipping to import decorative hardware?
All results are obtained using the spreadsheet Chapter14-China-imports. The input information related
to the two transportation modes is as shown below:
The two transportation modes are compared based on the inventory (cycle + safety + transit) and
shipping costs per year. To evaluate the optimal batch size, we use the EOQ formula with a fixed cost
In the case of smartphones using air freight, we obtain