Question: Your options for shipping $ 1 0 0 comma 1 5 0 of machine parts from Baltimore to Kuala Lumpur, Malaysia, are ( 1 )

Your options for shipping $100 comma 150 of machine parts from Baltimore to Kuala Lumpur, Malaysia, are(1) use a ship that will take 29 days at a cost of $3 comma 700, or(2) truck the parts to Los Angeles and then ship at a total cost of $4 comma 830. 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 30% of the value per year.
If you have a third option and it costs only $4 comma 080 and also takes 20days, what is your most economical plan?
Part 2
The daily holding cost of Alternative 1 is $
enter your response here. (Enter your response rounded to two decimal places.)
Part 3
The daily cost of faster shipping with Alternative 2 is $
enter your response here. (Enter your response rounded to two decimal places.)
Part 4
The daily cost of faster shipping with Alternative 3 is $
enter your response here. (Enter your response rounded to two decimal places.)

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