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In Myanmar, five laborers, each making the equivalent of $3.50 per day, can produce 40 units per day. In China, nine laborers, each making the equivalent of $2.25 per day, can produce 51 units. In Billings, Montana, two laborers, each making $57.00 per day, can make 100 units. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $2.00 per unit. Shipping cost from China to Denver is $1.20 per unit, while the shipping cost from Billings, Montana to Denver is $0.25 per unit. Based on total costs (labor and transportation) per unit, the most economical location to produce the item is and transportation) per unit of $ (Enter your response rounded to two decimal places) with a total cost (labor

In Myanmar, five laborers, each making the equivalent of $3.50 per day, can produce 40 units per day. In China, nine laborers, each making the equivalent of $2.25 per day, can produce 51 units. In Billings, Montana, two laborers, each making $57.00 per day, can make 100 units. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $2.00 per unit. Shipping cost from China to Denver is $1.20 per unit, while the shipping cost from Billings, Montana to Denver is $0.25 per unit. Based on total costs (labor and transportation) per unit, the most economical location to produce the item is and transportation) per unit of $ (Enter your response rounded to two decimal places) with a total cost (labor

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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In Myanmar, five laborers, each making the equivalent of $3.50 per day, can produce 40 units per day. In China, nine laborers, each making the equivalent of $2.25 per day, can produce 51 units. In Billings, Montana, two laborers, each making $57.00 per day, can make 100 units. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $2.00 per unit. Shipping cost from China to Denver is $1.20 per unit, while the shipping cost from Billings, Montana to Denver is $0.25 por unit. Based on total costs (labor and transportation) per unit, the most economical location to produce the item is and transportation) per unit of $. (Enter your response rounded to two decimal places) with a total cost (labor
Transcribed Image Text:In Myanmar, five laborers, each making the equivalent of $3.50 per day, can produce 40 units per day. In China, nine laborers, each making the equivalent of $2.25 per day, can produce 51 units. In Billings, Montana, two laborers, each making $57.00 per day, can make 100 units. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $2.00 per unit. Shipping cost from China to Denver is $1.20 per unit, while the shipping cost from Billings, Montana to Denver is $0.25 por unit. Based on total costs (labor and transportation) per unit, the most economical location to produce the item is and transportation) per unit of $. (Enter your response rounded to two decimal places) with a total cost (labor
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