Question: 8.2 In Myanmar (formerly Burma), 6 laborers, cache making the equivalent of $3 per day. can produce 40 units per day. la rural China, 10

8.2 In Myanmar (formerly Burma), 6 laborers, cache making the equivalent

8.2

In Myanmar (formerly Burma), 6 laborers, cache making the equivalent of $3 per day. can produce 40 units per day. la rural China, 10 laborers, each making the equivalent of $2 per day. can produce 45 units. In Billings, Montana. 2 laborers, each making $60 per day, can make 100 units. Based on labor costs only, which location would be most economical to produce the Refer to Problem 8.1. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $1.50 per unit shipping cost from China to Denver is $1 per unit, while the skipping cost from Billings to Denver is $.25 per unit. Considering both labor and transportation costs, which is the most favorable production location? You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted suppliers: Thailand Polishing. India Shine, and Sacramento Glow Thailand Polishing has submitted a bid of 2000 baht India Shine has submitted a bid of 2.000 rupees Sacramento Glow has submitted a bid of $200 You check with your local band find that $1 = 10 baht and $1 = $ rupees which

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