A shipment of parts valued at $705,000 needs to be shipped from Montreal, QC to Edmonton, AB. They could be shipped by rail, taking 17 days at a cost of $1,500, or by truck, taking 4 days at a cost of $6,200. The annual holding cost rate for this type of item has been estimated at 30%. Choose the correct statement. A. Days saved by using truck is 15 days. B. The savings in holding cost exceed the extra shipping cost associated with the truck option. O C. The rail option is more economical. D. Extra shipping cost of using the truck option is $7,700. O E. Daily cost of holding the item is $550. Reset Selection