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In Myanmar (formerly Burma), six laborers, each making the equivalent of $5.00 per day, can produce 40 units per day. In China, eleven laborers, each making the equivalent of $4.00 per day, can produce 48 units. In Billings, Montana, three laborers, each making $126.00 per day, can make 102 units. Based on labor cost per unit only, the most economical location to produce the item is labor cost per unit of $. (Enter your response rounded to two decimal places.) with a

In Myanmar (formerly Burma), six laborers, each making the equivalent of $5.00 per day, can produce 40 units per day. In China, eleven laborers, each making the equivalent of $4.00 per day, can produce 48 units. In Billings, Montana, three laborers, each making $126.00 per day, can make 102 units. Based on labor cost per unit only, the most economical location to produce the item is labor cost per unit of $. (Enter your response rounded to two decimal places.) with a

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 (formerly Burma), six laborers, each making the equivalent of $5.00 per day, can produce 40 units per day. In China, eleven laborers, each making the equivalent of $4.00 per day, can produce 48 units. In Billings, Montana, three laborers, each making $126.00 per day, can make 102 units. Based on labor cost per unit only, the most economical location to produce the item is labor cost per unit of $. (Enter your response rounded to two decimal places.) with a
Transcribed Image Text:In Myanmar (formerly Burma), six laborers, each making the equivalent of $5.00 per day, can produce 40 units per day. In China, eleven laborers, each making the equivalent of $4.00 per day, can produce 48 units. In Billings, Montana, three laborers, each making $126.00 per day, can make 102 units. Based on labor cost per unit only, the most economical location to produce the item is labor cost per unit of $. (Enter your response rounded to two decimal places.) with a
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