Perform the necessary research and calculations

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Assume you are shipping a 40' container of nonhazardous household goods. Insure the goods for $100,000.Perform the necessary research and calculations regarding the best source of that product based only on total delivered (landed) cost, which includes the following: Product cost from each country, taking the exchange rate into account Ocean freight costs per piece, showing the quotes received from the Web site, and taking the differing number of pieces per container into account, Make a recommendation on which country from which to source that product, and explain your reasoning why. The currency and forecasted exchange rates are as follows: Country A $1 = 2 Reds (Product 1=10 Reds) Country B $1 = 2.2 Greens (Product 1=9 greens) ( $1 = 2 Reds $1= 0.5 dollars)$1 = 2.2 Greens, $1=1.125 dollars

Reference no: EM135003

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