Exercise Score: $0$ of $20$ pts

Assignment Score: $80\%(80$ of $100$ pts$)$

$4$ of $5$ complete

Your options for shipping $$99,870$ of machine parts from Baltimore to Kuala Lumpur, Malaysia, are $(1)$ use a ship that will take $30$ days at a cost of $$3,200,$ or $(2)$ truck the parts to Los Angeles and then ship at a total cost of $$5,040.$ The second option will take only $18$ days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at $30\%$ of the value per year.

If you have a third option and it costs only $$4,170$ and also takes $18$ days, what is your most economical plan?

The daily holding cost of Alternative $1$ is S$.($Enter your response rounded to two decimal places.$)$

The daily cost of faster shipping with Alternative $2$ is $$.($Enter your response rounded to two decimal places.$)$

The daily cost of faster shipping with Alternative $3$ is S$.($Enter your response rounded to two decimal places.$)$ is more economical.

e