AQ2013 Costs and Revenues (CSTR) Sample Assessment 2 questions Task 8

heretolearn21

Task 8- Sample Assessment 2 for CSTR( AQ2013)

Help!! How do you calculate the Driver time allocated(hours), number of miles operated and total contribution earned for RT21?

N4T

Hi,

Are you okay with the calculations for RT19 and RT20?

Driver time allocation for RT21.

Your ranking should have given you RT20 (1) and RT19 (2) and RT21 (3).
The limited resource is the driver hours of 3820 hrs.

Drivers hrs available = 3820 hrs
Less RT20 = 1200 hrs
Less RT19 = 1600 hrs
Available for RT21 = 1020 hrs

No. of miles for RT21.
Forecasted 1500 hrs can travel 3750 miles.....therefore 3750 miles / 1500hrs x 1020 hrs = 2550 miles

i.e 3750 miles /1500 hrs = 2.5 miles per hour x 1020 hrs allocated for RT21

Total contribution

You have worked out that contribution per mile for RT21 is £14. Therefore £14 x 2550 miles = £35,700

OR
Contribution per driver hr is £35. Therefore £35 x 1020 hrs = £35,700

N4T

I have the driver hrs for RT20 and RT19 swapped.

heretolearn21

Thank you so much for the help!