Question: 1. ( 5 points) In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $4 per day, can produce 40 units per day. In

1. ( 5 points) In Myanmar (formerly Burma), 6 laborers, each

1. ( 5 points) In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $4 per day, can produce 40 units per day. In rural China, 10 laborers, each making the equivalent of $3 per day, can produce 45 units. In Billings, Montana, 2 laborers, each making $55 per day, can make 100 units. Based on labor costs only, which location would be most economical to produce the item? Compare labor productivity (\$/unit) of each location. Show calculation process (answers: in two decimal places). Mvanmar: China: Billings: Answer: 2. (5 points) Refer to Problem 1. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $2 per unit. Shipping cost from China to Denver is $1.5 per unit, while the shipping cost from Billings to Denver is $.3 per unit. Considering both labor and transportation costs, which is the most favorable production location? Why? 3. (10 points: Show calculation process). The following table gives the map coordinates and the shipping loads for a set of cities that we wish to connect through a central hub. 1) Near which map coordinates (in two decimal places) should the hub locate? 2) if the shipments from city A double, how does this change the coordinates

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