In need help in how to establish a comparison in the cost of doing manufacturing
ID: 442972 • Letter: I
Question
In need help in how to establish a comparison in the cost of doing manufacturing business in Puerto Rico with China. What are the best elements, indicators to do the comparison. In need help in how to establish a comparison in the cost of doing manufacturing business in Puerto Rico with China. What are the best elements, indicators to do the comparison. In need help in how to establish a comparison in the cost of doing manufacturing business in Puerto Rico with China. What are the best elements, indicators to do the comparison.Explanation / Answer
Cost of doing manufacturing business involves:
It can further be broken down in following element of comparison.
Above costs need to be determined in both the locations. Besides, each cost will be given a weightage on the basis of importance. Further, a Weightage cost value can be calculated. Country having lower value of cost will be selected.
Other best elements for comparison are:
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