Questions
Problem 2: You operate your own small building company and have decided to bid on a...

Problem 2: You operate your own small building company and have decided to bid on a government contract to build a pedestrian walkway in a national park during the coming winter. The walkway is to be of standard government design and should involve no unexpected costs. Your present capacity utilization rate is moderate and allows sufficient scope to understand this contract, if you win it. You calculate your incremental costs to be $268,000 and your fully allocated costs to be $440,000. Your usual practice is to add between 60% and 80% to your incremental costs, depending on capacity utilization rate and other factors. You expect three other firms to also bid on this contract, and you have assembled the following competitor intelligence about those companies. Issue Rival A Rival B Rival C Capacity Utilization At full capacity Moderate Very low Goodwill Considerations Very concerned Moderately concerned Not concerned Production Facilities Small and inefficient plant Medium sized and efficient plant Large and very efficient plant Previous Bidding Pattern Incremental cost plus 35-50% Full cost plus 8-12% Full cost plus 10-15% Cost Structure Incremental costs exceed yours by about 10% Similar cost structure to yours Incremental costs 20% lower but full costs are similar to yours Aesthetic Factors Does not like winter jobs or dirty jobs Does not like messy or inconvenient jobs Likes projects where it can show its creativity Political Factors Decision maker is a relative of the buyer Decision maker is seeking a new job Decision maker is looking for a promotion Show all of your calculations and processes. Describe your answers in three- to five-complete sentences. a.What price would you bid if you must win the project? b.What price would you bid if you want to maximize the expected value of the contribution from this contract? c.Defend your answers with discussion, making any assumptions you feel are reasonable and/or are supported by the information provided.

In: Economics

You operate your own small building company and have decided to bid on a government contract...

You operate your own small building company and have decided to bid on a government contract to build a pedestrian walkway in a national park during the coming winter. The walkway is to be of standard government design and should involve no unexpected costs. Your present capacity utilization rate is moderate and allows sufficient scope to understand this contract, if you win it. You calculate your incremental costs to be $268,000 and your fully allocated costs to be $440,000. Your usual practice is to add between 60% and 80% to your incremental costs, depending on capacity utilization rate and other factors. You expect three other firms to also bid on this contract, and you have assembled the following competitor intelligence about those companies.

Issue

Rival A

Rival B

Rival C

Capacity Utilization

At full capacity

Moderate

Very low

Goodwill Considerations

Very concerned

Moderately concerned

Not concerned

Production Facilities

Small and inefficient plant

Medium sized and efficient plant

Large and very efficient plant

Previous Bidding Pattern

Incremental cost plus 35-50%

Full cost plus 8-12%

Full cost plus 10-15%

Cost Structure

Incremental costs exceed yours by about 10%

Similar cost structure to yours

Incremental costs 20% lower but full costs are similar to yours

Aesthetic Factors

Does not like winter jobs or dirty jobs

Does not like messy or inconvenient jobs

Likes projects where it can show its creativity

Political Factors

Decision maker is a relative of the buyer

Decision maker is seeking a new job

Decision maker is looking for a promotion

Show all of your calculations and processes. Describe your answers in three- to five-complete sentences.

What price would you bid if you must win the project?
What price would you bid if you want to maximize the expected value of the contribution from this contract?
Defend your answers with discussion, making any assumptions you feel are reasonable and/or are supported by the information provided.

In: Economics

A geyser is a hot spring in which water occasionally boils, sending a tall column of water and steam into the air. A temperature sensor is used to monitor the temperature near the geyser. The data from the sensor is sent to a microprocessor.

A geyser is a hot spring in which water occasionally boils, sending a tall column of water and steam into the air. A temperature sensor is used to monitor the temperature near the geyser. The data from the sensor is sent to a microprocessor

Explain why the data from the sensor has to be changed before it is read by the microprocessor.

Describe three advantages of using sensors and microprocessors to monitor the temperature in geysers rather than using manual methods.

In: Computer Science

12. Elastic and inelastic supply The following graph shows the supply of a good.

12. Elastic and inelastic supply 

The following graph shows the supply of a good.

image.png

For each of the regions, use the midpoint method to identify whether the supply of this good is elastic or inelastic.

image.png

True or False: For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes more elastic because firms may need to invest in additional capital in order to increase production further.

In: Economics

A 129-kg horizontal platform is a uniform disk of radius 1.51 m and can rotate about...

A 129-kg horizontal platform is a uniform disk of radius 1.51 m and can rotate about the vertical axis through its center. A 67.5-kg person stands on the platform at a distance of 1.09 m from the center and a 25.3-kg dog sits on the platform near the person, 1.37 m from the center. Find the moment of inertia of this system, consisting of the platform and its population, with respect to the axis.

uploaded image

In: Physics

A microscope's objective lens produces an image of the target object that forms 165 mm from...

A microscope's objective lens produces an image of the target object that forms 165 mm from the eyepiece lens (on the near side of the lens). The eyepiece lens has a focal length of 210 mm. Where does the image appear, relative to the eyepiece lens, from the perspective of someone using the microscope?

In your work, don't just provide the numerical answer that Kudu wants. Interpret what this value actually means.

In: Physics

Which of the following statements is false concerning bonding? (1) A H-Cl bond is an example...

Which of the following statements is false concerning bonding?

(1) A H-Cl bond is an example of a polar covalent bond.

(2) The bond in HCl is formed by sharing electrons

(3) In general, chemical bonds form to minimize energy.

(4) In a N-O bond, electron density is greater near the N atom

(5) Elements with extremely different electronegativities tend to form ionic bonds with each other.

In: Chemistry

Vaccines against polio are among the greatest achievements in medicine of our time. Even though there...

Vaccines against polio are among the greatest achievements in medicine of our time. Even though there are 2 vaccines against the pathogen, only one is given to humans in the US and the other one in the developing world. Explain the difference between the 2 polio vaccines and argue why one was chosen over the other (compare risks and benefits). Will we be able to eradicate polio in the near future? Defend your answer.

In: Biology

Hi, in steam distillation when you get near to the end where you add small piece...

Hi, in steam distillation when you get near to the end where you add small piece of sodium chloride to increase the ionic bond to make it more polar. I want to know how it does that in detail i need to write a paper and my lab manual doesn't explain how it does it. can you help and explain in great detail but easy to understand the process. Thanks

In: Chemistry

You digest a plasmid with a restriction enzyme that recognizes a single site on the plasmid....

You digest a plasmid with a restriction enzyme that recognizes a single site on the plasmid. When you perform gel electrophoresis on the digestion product, you quickly realize that there are two bands; one at the expected size and one near the well. Which of the following best explains the outcome?

a.DNA was trapped in the agarose gel
b.Some plasmids were not digested
c.The presence of the chromosomal DNA
d.The some plasmids ligated together

In: Biology