Question: In Myanmar (formerly Burma), six laborers, each making the equivalent of $6.00 per day, can produce 38 units per day. In China, eleven laborers, each

In Myanmar (formerly Burma), six laborers, each making the equivalent of $6.00 per day, can produce 38 units per day. In China, eleven laborers, each making the equivalent of $4.00 per day, can produce 51 units. In Billings, Montana, three laborers, each making $126.00 per day, can make 105 units. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $4.00 per unit. Shipping cost from China to Denver is $2.00 per unit, while the shipping cost from Billings, Montana to Denver is $0.40 per unit. 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 rounded to two decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
