3. The RescueMe Extrication Tool Company manufactures and sells various types of tools for use in outfitting fire department heavy rescue trucks. Finished goods are to be shipped from a plant inventory to a warehouse inventory some distance away. Mr. Chris Cutter, the Logistics Manager, must determine which mode of transportation to use forone of its best- selling products. Chris believes the expected volume to be shipped in a year is 1.5 million pounds. The product is worth $15 per pound and the inventory carrying cost is 30% on an annual basis. His assistant, Bauer, Supply Chain graduate Pete Pry, has calculated additional data below: Transport Mode Rate $/pound Transit Time Shipment Size Supply Chain graduate Pete Pry, has calculated additional data below: Transport Mode Rate $/pound Transit Time Shipment Size days pounds Train 0.11 25 100,000 Truck A 0.20 13 40,000 Plane 0.88 1 16,000 What are the costs for each mode for this product? (20 points) Transportation Cost Train Truck Plane In-transit inventory cost Train Truck Plane Plant inventory costs Train Truck Plane Warehouse inventory costs Train Truck Plane