Multiple Choice
A given inventory item has a per-year holding cost of $500. One method of shipping this item is three days faster than the other, but it is $2.50 more per unit. Using the slower method would be __________ more expensive overall than using the faster method.
A) $1.08
B) $1.16
C) $2.37
D) $2.73
E) $1.61
Correct Answer:
Verified
Correct Answer:
Verified
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