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 $ of machine parts from Baltimore to Kuala Lumpur, Malaysia, are use a ship that will take days at a cost of $ or truck the parts to Los Angeles and then ship at a total cost of $ The second option will take only days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at of the value per year.
If you have a third option and it costs only $ and also takes days, what is your most economical plan?
The daily holding cost of Alternative is $Enter your response rounded to two decimal places.
The daily cost of faster shipping with Alternative is $Enter your response rounded to two decimal places.
The daily cost of faster shipping with Alternative is $Enter your response rounded to two decimal places.
is more economical.
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