Question

Your options for shipping ​$96,070 of machine parts from Baltimore to Kuala​ Lumpur, Malaysia, ar...

Your options for shipping ​$96,070 of machine parts from Baltimore to Kuala​ Lumpur, Malaysia, are​ (1) use a ship that will take 30 days at a cost of ​$3 390

​,or​ (2) truck the parts to Los Angeles and then ship at a total cost of ​$5 000

The second option will take only 22days. 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 ​$4 390 and also takes 22 ​days, what is your most economical​ plan?

The daily holding cost of Alternative 1 is ​$ ______

Cost of Saving one day: ____

Cost of Saving one day: ____

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Answer #1

Gireo Product cost ns,070 ho; of days 3o days зех 96,070 /00 ptien : - 3,390+30x78.96 5758-80 option 2 hldig lest for za days

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