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
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
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.

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

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 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.

In: Physics
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 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
In: Biology
In: Chemistry
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