Homework Help is Here – Start Your Trial Now!
Business
Operations Management
5. If the actual quantity for a certain item is 170,000m3 and the bid quantity for the same item is 90,000m3 and the unite cost of this item is 50$ while the project cost is 250,000$. what is the cost of this item in the unit price contract? 90,000m3 *50$ 80,000m3 *50$ 170,000m3 *50$ (90,000m3 /170,000$)*50$ (170,000m3 /90,000$)*50$ (90,000m3 /250,000$)*50$ (170,000m3 /250,000$)*50$

5. If the actual quantity for a certain item is 170,000m3 and the bid quantity for the same item is 90,000m3 and the unite cost of this item is 50$ while the project cost is 250,000$. what is the cost of this item in the unit price contract? 90,000m3 *50$ 80,000m3 *50$ 170,000m3 *50$ (90,000m3 /170,000$)*50$ (170,000m3 /90,000$)*50$ (90,000m3 /250,000$)*50$ (170,000m3 /250,000$)*50$

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
See similar textbooks
icon
Related questions
Question

Give me right solution according to the question 

5.If the actual quantity for a certain item is 170,000m3 and the bid quantity for the same item is 90,000m3 and the unite cost of this item is 50$ while the project cost is 250,000$. what is the cost of this item in the unit price contract? 90,000m3 *50$ 80,000m3 *50$ O 170,000m3 *50$ (90,000m3 /170,000$)*50$ O (170,000m3/90,000$)*50$ O (90,000m3 /250,000$)*50$ O (170,000m3/250,000$)*50$
Transcribed Image Text:5.If the actual quantity for a certain item is 170,000m3 and the bid quantity for the same item is 90,000m3 and the unite cost of this item is 50$ while the project cost is 250,000$. what is the cost of this item in the unit price contract? 90,000m3 *50$ 80,000m3 *50$ O 170,000m3 *50$ (90,000m3 /170,000$)*50$ O (170,000m3/90,000$)*50$ O (90,000m3 /250,000$)*50$ O (170,000m3/250,000$)*50$
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Forecasting methods
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS