Your options for shipping

$$$$97$ comma $86097,860$

of machine parts from Baltimore to Kuala$$ Lumpur, Malaysia, are$(1)$ use a ship that will take

$3030$

days at a cost of

$$$$3$ comma $5703,570,$

or$(2)$ truck the parts to Los Angeles and then ship at a total cost of

$$$$4$ comma $8404,840.$

The second option will take only

$2222$

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 $0904,090$

and also takes

$2222$

$$days$,$ what is your most economical$$ 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.$)$

Part $5$

$$

$$

Alternative $1$

Alternative $3$

Alternative $2$

is more economical.