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A shipment of parts valued at $75,000 needs to be shipped from Tampa,FL,to Chicago,IL.They could be shipped by rail,taking 15 days at a cost of $1,575,or by truck,taking 4 days at a cost of $2,640.The annual holding cost rate for this type of item has been estimated at 22%.What option is more economical?
Teaching
The act of imparting knowledge, skills, or education through instruction.
Administrative Position
A job role focused on organizational tasks, managing duties, and supporting operations within an organization.
Fast-Food Business
A commercial enterprise that serves quick service food items to customers in a fast-paced environment.
University Campus
The land and buildings belonging to a university, where teaching and administrative facilities are located.
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