Home / Expert Answers / Operations Management / your-options-for-shipping-95-comma-38095-380-of-machine-parts-from-baltimore-to-kuala-lumpu-pa934

(Solved): Your options for shipping $95 comma 38095,380 of machine parts from Baltimore to Kuala Lumpu ...



Your options for shipping ​$95 comma 38095,380 of machine parts from Baltimore to Kuala​ Lumpur, Malaysia, are​ (1) use a ship that will take 3232 days at a cost of ​$3 comma 5403,540​, or​ (2) truck the parts to Los Angeles and then ship at a total cost of ​$4 comma 9204,920. 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 5004,500 and also takes 1818 ​days, what is your most economical​ plan? Part 2 The daily holding cost of Alternative 1 is ​$78.4578.45. ​(Enter your response rounded to two decimal​ places.)



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order