Question 1: Manufacturers makes and delivers its product P to its customers. To make product P it needs component C which ABC purchased from outside suppliers at $100 each. XYZ currently produces 120,000P each year and sells at a price of $175. XYZ purchases component C in lots of 3000 units from its supplier. XYZ is considering the transport mode selection. Modes available, quantity to ship, shipping cost, and transit time are given in the table below. unit holding cost for C is 15% of cost. Determine the least expensive transportation option for XYZ to purchase C. Question 1: Manufacturers makes and delivers its product P to its customers. To make product P it needs component C which ABC purchased from outside suppliers at $100 each. XYZ currently produces 120,000P each year and sells at a price of $175. XYZ purchases component C in lots of 3000 units from its supplier. XYZ is considering the transport mode selection. Modes available, quantity to ship, shipping cost, and transit time are given in the table below. unit holding cost for C is 15% of cost. Determine the least expensive transportation option for XYZ to purchase C