A shipment of parts valued at $129,000 needs to be shipped from Wawanesa, to Yellowknife. They could be shipped by rail, taking 14 days at a cost of $1,775, or by truck, taking 6 days at a cost of $2,120. The annual holding cost rate for this type of item has been estimated at 24%. What option is more economical?

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The Answer of A shipment of parts valued at $129,000 needs to be shipped from Wawanesa, to Yellowknife. They could be shipped by rail, taking 14 days at a cost of $1,775, or by truck, taking 6 days at a cost of $2,120. The annual holding cost rate for this type of item has been estimated at 24%. What option is more economical?

A Shipment of Parts Valued at $129,000 Needs to Be