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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