Break-Even Product Value of Using Express Mail Versus Parcel
Not what you're looking for?
Calculate the break-even product value of using Express Mail (overnight delivery) versus Parcel Post (three-day delivery) for sending a package from Peoria, Illinois to Memphis, Tennessee. The following table contains the appropriate costs. Assume that inventory carrying cost is 25 percent per year of the product value and that there are 365 days in a year.
weight (lbs) cost (OND) cost (3 day)
2 $15.00 $2.87
3 17.25 3.34
4 19.4 3.78
5 21.55 4.1
6 25.4 4.39
7 26.45 4.67
8 27.6 4.91
9 28.65 5.16
Purchase this Solution
Solution Preview
As I understand the question, the product is considered to be in the inventory, until it is actually delivered to the customer.
This means that the difference of 2 days in delivery of the product by two mailing options ...
Purchase this Solution
Free BrainMass Quizzes
Graphs and Functions
This quiz helps you easily identify a function and test your understanding of ranges, domains , function inverses and transformations.
Exponential Expressions
In this quiz, you will have a chance to practice basic terminology of exponential expressions and how to evaluate them.
Solving quadratic inequalities
This quiz test you on how well you are familiar with solving quadratic inequalities.
Geometry - Real Life Application Problems
Understanding of how geometry applies to in real-world contexts
Probability Quiz
Some questions on probability