A company has a line haul cost between Point A and Point B of $5 per mile. The distance between the two points is 750 miles. What is the cost per hundredweight (cwt) for a shipment weighing 45.000 pounds?
Wait, wait, wait... did they really just ask us to calculate the cost per cwt for a shipment? I thought this was a test on my ability to juggle while standing on one leg and reciting the periodic table backwards. *chuckles* Clearly, I need to start paying more attention during the logistics lessons.
Hmm, let me see... *scratches head* Okay, I got it! If the line haul cost is $5 per mile and the distance is 750 miles, that's a total of $3,750. Now, to get the cost per cwt, we divide that by the weight in hundredweights, which is 450 cwt. That gives us $8.33 per cwt. It's like magic, but with numbers!
This is easy peasy! Just divide the total line haul cost by the weight in hundredweights. $3,750 divided by 450 cwt is $8.33 per cwt. Now, where's the nearest coffee machine? I need a caffeine boost after all this math.
Okay, let's think this through. If it's $5 per mile and the distance is 750 miles, that's $3,750 for the line haul cost. Now, to get the cost per hundredweight, we need to divide that by the weight in hundredweights. 45,000 pounds is 450 hundredweight, so the cost per cwt is... *furiously scribbles on paper* Aha! $8.33. That's gotta be the answer.
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