A given inventory item has a

per$-$year holding cost of

$$500.$ One method of

shipping this item is three

days faster than the other,

but it is $$2\mathrm{.}50$ more per unit.

Using the slower method

would be

more

expensive overall than using

the faster method

Multiple Choice

$$1.08$

$16$

$$1.$

$$1.\mathrm{.}61$

$$2\mathrm{.}73$

S$2.37$