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In Myanmar (formerly Burma), seven laborers, each making the equivalent of $6.00 per day, can produce 42 units per day. In China, nine laborers, each
In Myanmar (formerly Burma), seven laborers, each making the equivalent of $6.00 per day, can produce 42 units per day. In China, nine laborers, each making the equivalent of $4.50 per day, can produce 45 units. In Billings, Montana, two laborers, each making $120.00 per day, can make 102 units. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $3.50 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.)
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