Question 1 of 30
A manufacturing company is evaluating its shipping and receiving processes to improve efficiency and reduce costs. They currently have a total of 1,000 shipments per month, with an average shipping cost of $50 per shipment. The company is considering implementing a new logistics software that promises to reduce shipping costs by 15% and improve delivery times by 20%. If the company adopts this software, what will be the new total shipping cost per month after the reduction?
$42,500
$45,000
$47,500
$40,000

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