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What analysis processes does Cosway-Poplar need to apply in order to arrive at the most appropriate modal selection decision?Provide a quantitative solution (hint: develop this as an Excel file)

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What analysis processes does Cosway-Poplar need to apply in order to arrive at the most appropriate modal selection decision?Provide a quantitative solution (hint: develop this as an Excel file).What

1. What analysis processes does Cosway-Poplar need to apply in order to arrive at the most appropriate modal selection decision?
2. Provide a quantitative solution (hint: develop this as an Excel file).
3. What questions does Cosway-Poplar need to answer? Is there sufficient data to address the questions? If not, what additional data do they need?
4. What is your recommendation for modal section and production location? Please justify.

• Here are some suggestions for providing structure to your Excel analysis and what I will be looking for in the solution.
• Calculate the production costs for each location. You can calculate annual production costs for each machine and then break down into unit costs and monthly costs.
• Decide on a time frame for the relocation. The case states it can be as little as six months or up to two years. A six-month timeframe would be the simplest.
• Calculate the safety stock costs for the relocation transition period, considering the in-transit time. This is where the safety stock concepts of the Baumol formula come into play. We are not calculating EOQ values for long-term production, as there is not enough data for this. We are just focusing on the relocation period.
•  Calculate the transportation costs for shipping the equipment to each location.
• The above calculations will provide you with quantitative information to help make a decision where production should be located. There is also qualitative information in the case to consider as well.
• Max of five pages, double-spaced (not smaller than 11-point font), plus not more than two pages of charts, tables, or figures.
• Citations can be listed on a separate page and are NOT included in the page count.