Establish whether to ship air or ocean. Make sure you consider factors such as speed of delivery and the respective risks (damages, losses) for each transportation mode in your decision. Ocean Freight Air Freight Transporation $16,127.15 $17,500.00 Insurance $1,200.00 $800.00 Fees $- $4,400.00 Origin $2,800.00 Destination $1,600.00 Cost $17,327.15 $22,700.00 Profit $2,475.00 Comparison $17,327.15 $20,225.00 Opportunity Cost Time 21 days 3 days Risk of damages moderate low Risk of delays moderate low Risk of loss low low Profit per day $225.00