Input Data
Placement cost per order 100.00$
TL cost per Truck 800.00$
Pickup cost per supplier 100.00$
LTL cost per unit 1.00$
Unit cost 50.00$
Holding cost 20%
Truck capacity 2000
Annual demand (D) 18000
Intermediate Calculations
Fixed cost per order using TL (S) 1,000.00$
Fixed cost per order using LTL (S) 100.00$ Number of suppliers grouped / truck 2
Holding cost per unit (H) 10.00$ Fixed cost using TL per truck 1,200.00$
TL Costs with 1 Supplier / Truck TL Costs with Multiple Suppliers / Truck
Optimal order size (Q) 1,897 Order size (Q) per supplier 1,000
Time between orders = 1.26 Months Time between orders = 0.67 Months
Annual order cost = 949$ Annual order cost per product = 1,800$
Annual trucking cost = 8,538$ Annual trucking cost per product= 9,000$
Annual holding cost = 9,487$ Annual holding cost per product = 5,000$
Total annual cost = 18,974$ Total annual cost per product = 15,800$
LTL Costs Total quantity on truck = 2,000
Optimal order size (Q) 600
Time between orders = 0.40 Months
Annual order cost = 3,000$
Annual trucking cost = 18,000$
Annual holding cost = 3,000$
Total annual cost = 24,000$
Our goal in this problem is to compare the use of LTL, TL separately for each supplier, and TL with aggregation of multiple
suppliers. The LTL calculations are in cells B28-34, the TL with a single supplier calculations are in Cells B21-26, and the TL
with aggregated supplier calculations are in Cells E21-26. Costs for the three policies are shown in Cells B26, B34, and E26.