Question: This is a multi-part question, use the blank boxes provided to input your answers specific to each separate part of the question. Round to the

This is a multi-part question, use the blank
This is a multi-part question, use the blank boxes provided to input your answers specific to each separate part of the question. Round to the 2 decimal places. Where possible show calculations. There needs to be a transportation decision made to determine whether to ship the annual cargo via air freight or ocean freight. Using the information below to calculate values for each question: Annual Demand - 256,700KG Unit Cost per KG - $4.58 Annual Holding Cost is 20% of the Unit cost The Freight Forwarder has advised the following Costs Air and Ocean Freight from Port of Los Angeles, California, USA to Port Vancouver, British Columbia, Canada Air Cargo: Take 5 days (door to door) and costs $31.75 Ocean Freight: Takes 19 days and costs $16.80 Note: No need to calculate safety stock since this is an annual one-time shipment a) What is the LOWEST Total Cost of FREIGHT Transportation? (Worth 4 Marks provide dollar value) b) What is the most EXPENSIVE In-Transit Hold Cost? (Worth 5 marks - provide dollar value) c) What is your recommendation for the mode of transportation. Explain your rationale using one or all of the mode of transportation criteria (Worth 2 Marks. Explanation should be a minimum of 20 words. Blank # 1 DJ Blank # 2 Blank #3 A

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