Question: A given inventory item has a per - year holding cost of $ 1 0 0 . One method of shipping this item is four

A given inventory item has a per-year holding cost of $100. One method of shipping this item is four days faster than another, but it is $3.30 more per unit. Using the slower method would be __________ overall than using the faster method.
$1.61 cheaper
Correct Answer
$2.20 cheaper
$4.90 cheaper
Incorrect Response
$1.61 more expensive
$2.20 more expensive
$4.90 more expensive

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