Question: In Myanmar (formerly Burma), five laborers, each making the equivalent of $6.00 per day, can produce 38 units per day. In China, ten laborers, each
In
Myanmar
(formerly Burma),
five
laborers, each making the equivalent of
$6.00
per day, can produce
38
units per day. In
China,
ten
laborers, each making the equivalent of
$4.50
per day, can produce
45
units. In
Billings, Montana,
two
laborers, each making
$114.00
per day, can make
102
units.
Shipping cost from
Myanmar
to Denver, Colorado, the final destination, is
$3.00
per unit. Shipping cost from
China
to Denver is
$2.00
per unit, while the shipping cost from
Billings, Montana
to Denver is
$0.50
per unit.
Part 2
Based on total costs (labor and transportation) per unit, the most economical location to produce the item is
, with a total cost (labor and transportation) per unit of
$enter your response here.
(Enter your response rounded to two decimal places.)
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