here are two options for shipping the product: Ocean$-$Truck Intermodal $($OTI$),$ Ocean$-$Rail Intermodal $($ORI$).$ If the steel is shipped by OTI it will take $24$ days at a cost of Euros $8500$ per container to transport. If the items are shipped by ORI, it will take $32$ days at a cost of Euros $8000$ per container to transport. The firm expects to buy $500$ containers this year at a cost of Euros $10,000$ per container. The cost of capital, used in determining the in$-$transit carrying cost of inventory is $11\mathrm{.}5\%$ per year. Which mode should the purchasing agent select if her goal is to minimize total cost? Show your work $($calculations$).$ Place a box around each final calculation. Use appropriate currency.