A shipment of parts valued at $75,000 needs to be shipped from Tampa, FL, to Chicago, IL. They could


Question: A shipment of parts valued at $75,000 needs to be shipped from Tampa, FL, to Chicago, IL. They could be shipped by rail, taking 15 days at a cost of $1,575, or by truck, taking 4 days at a cost of $2,640. The annual holding cost rate for this type of item has been estimated at 22%. What option is more economical? (1 Opts)

Price: $2.99
See Answer: The solution consists of 1 page
Solution Format: Word Document

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