Question: Suppose that a product's value is $ 1 0 0 0 . The manufacturer experiences a holding cost of 2 . 5 % per month.

Suppose that a product's value is $1000. The manufacturer experiences a holding cost of 2.5% per month. The firm ships the product across country by truck, and it arrives seven days later. The shipping cost is $80 per unit. What is the holding cost on each unit shipped? (Assume 30 days per month.)
A. $0.40
B. $583
C. $14.00
D. $0.07
E. $5.00
Suppose that a product's value is $ 1 0 0 0 . The

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