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H3. The value of a particular shipment is $1,000,000 with a carrying cost of 12%. Truck transport will have a base cost of $3,000 and
H3.
The value of a particular shipment is $1,000,000 with a carrying cost of 12%. Truck transport will have a base cost of $3,000 and take 3 days. Rail transport will have a base cost of $2,000 and take 10 days. Air transport will have a base cost of $5,000 and take 1 day. What is the cost of doing the shipment via truck shipment rounded to the nearest dollar? a. $5,329 b. $4,321 c. $5,288 d. $3,986
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