Question: The second option will take only 20 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is

The second option will take only 20 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at \10 of the value per year. a. Calculate the daily holding cost. Round to two decimal places. (if your answer is \\( \\$ 90 \\) then put 90.00) b. Calculate the difference in cost per day between shipping options. Round to two decimal places. (Round to 2 decimal points \\( \\$ 82.19 \\) put 82.19 or \\( \\$ 100 \\) put 100.00 ) Daily holding cost =
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