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A shipment of parts valued at $59,000 needs to be shipped from Wawanesa, to Yellowknife. They could be shipped by rail, taking 12 days
A shipment of parts valued at $59,000 needs to be shipped from Wawanesa, to Yellowknife. They could be shipped by rail, taking 12 days at a cost of $1,775, or by truck, taking 6 days at a cost of $2,000. The annual holding cost rate for this type of item has been estimated at 20%. a. What option is more economical? b. How much money would the company save with this option? A) B b. b. b. a. a. Rail $31.03 Rail $193.97 a. Truck $225.00 (D) b. a. Truck $31.03
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