Illustrate what option is more economical

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Q. A container of ball bearings valued at $25000currently located in Houston TX requires to be delivered to Morton IL. The criterion shipment methods take two days. Elucidate however for an additional charge of $500, the container can be sent overnight. The annual holding cost rate for this type of item has been estimated at 28percent. Illustrate what option is more economical?

Reference no: EM1376028

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