Research Article

Comparing Transport Corridors Based on Total Economic Cost

Table 2

Cargo owner costs parameters.

Annual Interest Rate on investment in stock12%
Gross margin50%
Component cost as a fraction of total manufactured product cost70%
Inventory stockholding cost per annum as a fraction of stock value40%
The average number of imported components per product manufactured5
Average shrinkage in stock per day of stockholding1%
The average value of container load of retailer cargoUSD 100,000
The average value of container load of manufacturer cargoUSD 200,000
The average time duration for maritime transport4 weeks