Question: Your options for shipping $ 9 6 , 4 9 0 of machine parts from Baltimore to Kuala Lumpur, Malaysia, are ( 1 ) use

Your options for shipping $96,490 of machine parts from Baltimore to Kuala Lumpur, Malaysia, are (1) use a ship that will take 30 days at a cost of $3,220, or (2) truck the parts to Los Angeles and then ship at a total cost of $5,150. The second option will take only 22 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 $4,140 and also takes 22 days, what is your most economical plan?
The daily holding cost of Alternative 1 is $.(Enter your response rounded to two decimal places.)
The daily cost of faster shipping with Alternative 2 is $.(Enter your response rounded to two decimal places.)
The daily cost of faster shipping with Alternative 3 is $,(Enter your response rounded to two decimal places.)
is more economical.
 Your options for shipping $96,490 of machine parts from Baltimore to

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