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Transportation Mode Analysis Your options for shipping $100,000 of machine parts from Baltimore to Kuala Lampur, Malaysia, are Use a ship that will take 30
Transportation Mode Analysis
- Your options for shipping $100,000 of machine parts from Baltimore to Kuala Lampur, Malaysia, are
- Use a ship that will take 30 days at a cost of $3,800 or
- Truck the parts to Los Angeles and then ship at a total cost of $4,800.
The second option will take only 20 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 30% of the value per year.
- Which option is more economical? b) What customer issues are not included in the data presented?
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Essentials of Management
Authors: Andrew J. DuBrin
9th Edition
538478233, 2900538478235, 978-0538478236
