Question: Refer to Problem 8.3. If the final destination is New Delhi, India, and there is a 30% import tax, which firm should you choose? In
In Problem 8.3, you have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers: Thailand Polishing, India Shine, and Sacramento Glow. Thailand Polishing has submitted a bid of 2,000 baht. India Shine has submitted a bid of 2,000 rupee. Sacramento Glow has submitted a bid of $200. You check with your local bank and find that $1 = 10 baht and $1 = 8 rupee. Which company should you choose?
Step by Step Solution
3.50 Rating (177 Votes )
There are 3 Steps involved in it
If India had a tariff of 30 then making the items in India is 005 less than importing them from ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
256-B-M-L-O-M (2308).docx
120 KBs Word File
