Why the firm wants to consolidate all its manufacturing

Assignment Help Econometrics

Reference no: EM13208388

An American Company that sells consumer electronics products has manufacturing facilities in Mexico, Taiwan, and Canada. The average hourly wage, output, and annual overhead cost for each site are as follows: Mexico Taiwan Canada Hourly wage rate $1.50 $3.00 $6.00 Output per person 10 18 20 Fixed overhead cost $150,000 $90,000 $110,000

a. Given these figures, is the firm currently allocating its production resources optimally?

b. If not, what should it do? (Consider output per person as a proxy for marginal product). Suppose the firm wants to consolidate all its manufacturing into one facility. Where should it locate? Explain.

Reference no: EM13208388

Questions Cloud

Write algorithm to save few new phone numbers : write algorithm to save few new phone numbers in the address book of cell phone. algorithm should work even if there's only one new phone number or several new phone numbers to save. ke sure to handle the scene if the address book is full.

Draw lewis dot structures : Draw lewis Dot structures. Use model kits, styrofoam balls and/or gum drops to make a model of the molecule or ion. Be sure to place electron groups (toothpicks or sticks) as far apart as possible.

What are four of the most commonly used methods : What are four of the most commonly used methods or tools for creating multiple users or groups in Active Directory?

Virtual lesson plan using qait model : How to make a virtual lesson plan using QAIT Model regarding fourth grade science studying weather (e.g., clouds). I've already located great websites.

Why the firm wants to consolidate all its manufacturing : Mexico Taiwan Canada Hourly wage rate $1.50 $3.00 $6.00 Output per person 10 18 20 Fixed overhead cost $150,000 $90,000 $110,000 a. Given these figures, is the firm currently allocating its production resources optimally

What is a nested inner class : What is a nested inner class? What special privileges does a nested inner class have? Give an example of how you declare a nested inner class.

Define a simple interface named motorized : Given the interface defined in question 5, if a class named Motorcycle implements this interface, explain why the following code is legal. What happens when the interface reference vehicle invokes the maxSpeed method?

State the structural formula of a mixed triglyceride : Write the structural formula of a mixed triglyceride containing the following three acids: linoleic acid

Interpretation of the constitution? : Was Harriet Beecher Stowe for or against State's Rights? Sectional Discord? Interpretation of the Constitution? Sectional Economic Issues? Territorial Expansion? Compromise of 1850?

User Account

All Pages