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Economizing shipping costs

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Determine which shipping alternative would be most economical to ship 80 boxes of parts when each box has a price of $200 and the annual holding costs are 30 percent of price, given this shipping information:

Alternative Shipping Cost (for all 80)
Overnight $300
Two-day $260
Six-day $180

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This explains the concept of minimizing the shipping cost through a small case example.

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Determine which shipping alternative would be most economical to ship 80 boxes of parts when each box has a price of $200 and the annual holding costs are 30 percent of price, given this shipping information: ...

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