Question: Problem 1 1 - 6 ( Algo ) Richard s Sporting Goods needs to fill an online order for a gross ( 1 8 0
Problem Algo
Richards Sporting Goods needs to fill an online order for a gross hockey sticks. The manager is considering shipping the order by truck to the customer in Wisconsin, at a carrier charge of $ The delivery will take ten days and the order is paid on delivery Richards doesnt get paid until the sticks are received The hockey sticks are valued at $ for each stick and Richards uses a percent annual inventory carrying charge.
a What will be the total shipping and transit inventory cost of the shipment?
b If the shipment could be delivered in only two days at a cost of $ then what will be the total shipment cost?
b If the manager chooses the above option, how much money would be saved or lost?
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