Question
In Myanmar, seven laborers, each making the equivalent of $2.50 per day, can produce 40 units per day. In China, ten laborers, each making the
In
Myanmar,
seven
laborers, each making the equivalent of
$2.50
per day, can produce
40
units per day. In
China,
ten
laborers, each making the equivalent of
$2.00
per day, can produce
45
units. In
Billings,Montana,
two
laborers, each making
$60.00
per day, can make
100
units.Shipping cost from
Myanmar
to Denver, Colorado, the final destination, is
$1.50
per unit. Shipping cost from
China
to Denver is
$1.25
per unit, while the shipping cost from
Billings,Montana
to Denver is
$0.30
per unit.
Part 2Based 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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