Question: please solve it within 20 minutes please 5 points Save Ara Transportation Problem The supply chain manager of the pharmaceutical company FARMACO has to transport

please solve it within 20 minutes please

please solve it within 20 minutes please 5 points

5 points Save Ara Transportation Problem The supply chain manager of the pharmaceutical company FARMACO has to transport 300 packs of medicines over a distance of 1400 Km. The value of each pack is 4000$ and the weight of each pack is 0.3Kg. The annual inventory carrying cost percentage used by the company is 30%. The manager wants to compare the total cost of two transportation options. Option 1 is to transport by air, the lead time will be 1 day and the transportation cost per unit will be 50$. Option 2 is to transport by road, the lead time will be 10 days and the transportation cost will be as follows: if the total weight of the shipment is more than 200 Kg then FARMACO has to pay 0.05$ per kg per Km but if it is less than 200 Kg, FARMACO has to pay 0.06$ per kg per Km. Which of the two transportation options has the lowest total cost (consider total cost of transportation and in-transit inventory carrying cost)? Please show your detailed calculation steps and use two decimal places. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I U Paragraph Arial 2 I Q6 10pt Ev

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