Dusty is evaluating two bids to supply fence hardware for the 5 acres of pasture that need to be fenced. breezy submits a bid of $40 per unit with a defect rate of 3%, and lady's bid is $50 per unit with a defect rate of 0.5%. if a section of fence fails, it costs an average of $500 in losses and herding costs to round up all of the capybaras. dusty believes it will take 500 units to fence in this pasture configuration; which supplier should win the business?
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Home » Business » Dusty is evaluating two bids to supply fence hardware for the 5 acres of pasture that need to be fenced. breezy submits a bid of $40 per unit with a defect rate of 3%, and lady's bid is $50 per unit with a defect rate of 0.5%.