Question: Your options for shipping $ 9 6 comma 5 4 0 9 6 , 5 4 0 of machine parts from Baltimore to Kuala Lumpur,

Your options for shipping
$96 comma 54096,540
of machine parts from Baltimore to Kuala Lumpur, Malaysia, are(1) use a ship that will take
2929
days at a cost of
$3 comma 6903,690,
or(2) truck the parts to Los Angeles and then ship at a total cost of
$4 comma 9104,910.
The second option will take only
1818
days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at
3030%
of the value per year.
If you have a third option and it costs only
$4 comma 4404,440
and also takes
1818
days, 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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