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determine which shipping alternative would be most economical to ship 160 boxes of parts when each box has a price of $200 and holding costs are 30 percent of price, given this shipping information: overnight, $340, two-day, $260, six-day, $180

Respuesta :

Two days (option C) is the answer since it is the shipping alternative of the most economical of all boxes.

Total cost = cost of shipping + holding cost  

Holding cost per day = 160×200×30%/365 = $26.3013

Overnight cost = 340 + 26.3013 = $366.3013

Two-day cost = 260 + 26.3013 × 2 = $312.6027

Six-day cost = 180 + 26.3013 × 6 = $337.8082

The acts and interactions of financial marketers as well as the operation of economies are the focus of economics. Microeconomics examines what are seen as the core components of the financial system, including the behavior of markets and dealers as well as their interactions and outcomes. Additional examples of personal agents include homes, businesses, customers, and vendors.

Macroeconomics examines the economy as a machine where consumption, investment, saving, and financing all interact, as well as factors that have an impact on it, such as the employment of labor, capital, and land resources, foreign exchange rate fluctuations, monetary inflation, and governmental policies that have an effect on these variables.

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