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Richard's Sporting Goods needs to fill an online order for 190 hockey sticks. The manager is considering shipping the order by truck to the customer

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Richard's Sporting Goods needs to fill an online order for 190 hockey sticks. The manager is considering shipping the order by truck to the customer in Wisconsin, at a carrier charge of \$115. The delivery will take ten days and the order is paid on delivery (Richard's doesn't get paid until the sticks are recelved). The hockey sticks are valued at $95 for each stick and Richard's uses a 30 percent annual inventory carrying charge. a. Use the formula Total Cost = in-transit holding cost + freight cost. Note; the term "transit inventory cost" is used interchangeably with "in-transit holding cost". What will be the total cost of the shipment? (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places.) b-1. If the shipment could be delivered in only 2 days at a cost of $260, then what will be the total cost? (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) b-1. If the shipment could be delivered in only 2 days at a cost of $260, then what will be the total cost? (Use 365 days in a year, Do not round intermediate calculations. Round your answer to 2 decimal places.) b-2. If the manager chose the above option, how much money would be saved or lost? (Round your answer to 2 decimal places.)

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