Problem

$1$

$5$

$-$

$3$

$($

Algo

$)$

$$A manager must make a decision on shipping. There are two shippers: A and B

$.$

$$Both offer a two

$-$

day rate: A for $

$5$

$3$

$0$

$,$

$$and

$$

$$for $

$5$

$2$

$1$

$.$

$$In addition, A offers a three

$-$

day rate of $

$4$

$6$

$6$

$$and a nine

$-$

day rate of $

$4$

$1$

$7$

$,$

$$and

$$

$$offers a four

$-$

day rate of $

$4$

$5$

$9$

$$and a seven

$-$

day rate of $

$4$

$3$

$2$

$.$

$$Annual holding costs are

$3$

$7$

$$percent of unit price. Three hundred and twenty boxes are to be shipped, and each box has a price of $

$1$

$5$

$4$

$.$

$$Which shipping alternative would you recommend?

$($

Round your intermediate calculations to

$3$

$$decimal places and final answers to

$2$

$$decimal places.

$)$