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Solution Library
Best Country For Manufacturing Based On Currency Exchange Rate
Question
The problem - determining which of the four countries to choose for manufacturing
Assume the following in your calculations:
The current U.S. manufacturing cost is $10/unit
Current exchange rates, current quotes, including freight and other product, transportation, tariff, and insurance costs
Mexico
$1 = 12.392 pesos
150 pesos
Japan
$1 = 83.6184 yen
800 yen
China
$1 = 6.65891 yuan
68.5 yuan
India
$1 = 45.23 rupees
440 rupees
Summary
The question belongs to Economics and it discusses about choosing the best country for manufacturing, in terms of rate of exchange. 4 countries viz, Mexico, Japan, China and India have been given with their currency exchange rates.
Total Word Count 499
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