A container of bolts, currently located in Houston, TX, needs to be delivered to a facility in
Fantastic news! We've Found the answer you've been seeking!
Question:
A container of bolts, currently located in Houston, TX, needs to be delivered to a facility in Sioux Falls, SD. The standard ground shipment method takes three days. However, for an additional charge of $30.00, the container can be sent by two-day air. The holding cost per day for this type of item has been estimated at $21.09. Which shipping option is more economical?
Related Book For
Managerial Decision Modeling with Spreadsheets
ISBN: 978-0136115830
3rd edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
Posted Date: