A container of gaming equipment valued at $100,000, currently located in Tustin, CA, needs to be delivered to the Princeton, NJ, plant. The annual holding cost rate for this type of item has been estimated at 25%. There are five carriers available. Their delivery time and cost are listed in the table below. Which carrier is most economical?
A) Carrier A
B) Carrier B
C) Carrier C
D) Carrier D
E) Carrier E
Correct Answer:
Verified
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