In Cambodia, 6 laborers, each making the equivalent of $3 per day, can produce 40 units per
Question:
In Cambodia, 6 laborers, each making the equivalent of $3 per day, can produce 40 units per day. In China, 10 laborers, each making the equivalent of $2 per day, can produce 45 units. In Billings, Montana, two laborers, each making $60 per day, can make 100 units. Based on labor costs only, which location would be most economical to produce the item?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
Where Six laborers each making 3 per day can produce 40 units Ten l...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $ 3 per day, can produce 40 units per day. In rural China, 10 laborers, each making the equivalent of $ 2 per day, can produce...
-
Determine which shipping alternative would be most economical to ship 80 boxes of parts when each box has a price of $ 200 and holding costs are 30 percent of price, given this shipping information:...
-
a. Determine which delivery alternative would be most economical for 80 boxes of parts. Each box costs $200 and annual holding cost is 30 percent of cost. Freight costs are: b. For what range of unit...
-
For each polynomial function, complete the following in order. (a) Use Descartes rule of signs to determine the different possibilities for the numbers of positive, negative, and nonreal complex...
-
A map in a pirate's log gives directions to the location of a buried treasure. The starting location is an old oak tree. According to the map, the treasure's location is found by proceeding 20 paces...
-
The purchasing company can record the transactions in their books as: (a). New set of books opened (b). To continue the same set of books (c). Any of the above two (d). None of these
-
Use the Lucenay Interiors data from Problem 16-42B. Requirements 1. Prepare Lucenay Interiors' income statement for the year ended December 31, 2008. Use the single-step format, with all revenues...
-
Creating a Partnership Tax Return Overview You are a senior tax accountant in the firm, Ernest & Rainhouse. Joe, a new junior accountant, has just completed an interview with a new client Harry,...
-
Comparative financial ratio analysis data helps provide a look at an organization's operational efficiency, liquidity, and profitability with benchmarks for performance over time and risks....
-
A company supplies pins in bulk to a customer. The company uses an automatic lathe to produce the pins. Due to many causes-vibrations, temperature, wear and tear, and the like-the lengths of the pins...
-
Elmers Fudge Factory is planning to open 10 retail outlets in Oregon over the next 2 years. Identify (and weight) those factors relevant to the decision, Provide this list of factors and weights.
-
Refer to Problem 8.1. Shipping cost from Cambodia to Denver, Colorado, the final destination, is $1.50 per unit. Shipping cost from China to Denver is $1 per unit, while the shipping cost from...
-
A 72-kg woman is walking at \(1.5 \mathrm{~m} / \mathrm{s}\). An \(8-\mathrm{kg}\) dog is running at six times that speed in the same direction. At what speed and in what direction relative to the...
-
A. What are some characteristics of the Social Age? B. What are some strategies for organizing a dashboard to help you work more efficiently with your teams? C. What do you think are some of the most...
-
Two identical particles of inertia \(m\) collide elastically on a low-friction table. Calculate the kinetic energy of the system before and after the collision in the zero-momentum frames.
-
Revise the entire student club flyer. Create an effective flyer to help promote the Supply Chain Management Club. Make sure the document is as easy to read as possible while retaining all relevant...
-
A horizontal escalator connecting airport terminals is \(1 \mathrm{~km}\) long. Two kids start from opposite ends and run toward each other at \(3 \mathrm{~m} / \mathrm{s}\) and meet \(600...
-
Does a man standing in an elevator that is moving upward at a constant speed of \(10 \mathrm{~m} / \mathrm{s}\) feel heavier or lighter? What if the elevator is moving downward at the same speed? If...
-
Discuss the view that it is not so much variable pricing in itself that may undermine consumers trust in a brand, but the transparency of the rules by which variable pricing is applied.
-
Outline a general process applicable to most control situations. Using this, explain how you would develop a system to control home delivery staff at a local pizza shop.
-
In a consolidation, one corporation acquires all the assets and liabilities of another corporation, which then ceases to exist. (True/False)
-
The IRS is concerned with improving the accuracy of tax Information given by its representatives over the telephone. Previous studies involved asking a set of 25 questions of a large number of IRS...
-
A travel agency is concerned with the accuracy and appearance of itineraries prepared for its clients. Defects can include errors in times, airlines, flight numbers, prices, car rental information,...
-
A travel agency is concerned with the accuracy and appearance of itineraries prepared for its clients. Defects can include errors in times, airlines, flight numbers, prices, car rental information,...
-
Humans carry two copies of most genes. Individuals that carry two identical variants of a gene are called homozygous whereas those that carry two different variants are called heterozygous. For...
-
Identify Outage Impacts and Estimated Downtime This section identifies and characterizes the types of impact categories that a system disruption is likely to create in addition to those identified by...
-
Below is a YouTube video on a risk management and aviation safety. https://www.youtube.com/watch?v=FaSzhp0eiFI Please provide the following: Brief synopsis of the video What are some main points that...
Study smarter with the SolutionInn App