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16 Apr 2025, 05:35
Kudos
Bookmarks
The company’s CEO has established the following guidelines for approving new equipment vendors:
1. The vendor must have minimum assets of $1.5 million.
2. The vendor must purchase electrical components from either ABB or Schneider.
3. The vendor must have at least 5 years of experience in the industry.
4. The vendor must provide at least two client references from Fortune 500 companies.
1. The vendor must have minimum assets of $1.5 million.
2. The vendor must purchase electrical components from either ABB or Schneider.
3. The vendor must have at least 5 years of experience in the industry.
4. The vendor must provide at least two client references from Fortune 500 companies.
Based only on equipment price, shipping cost, and spare parts cost, which of the following correctly ranks the vendors from lowest to highest total project cost?
| Vendor B < Vendor A < Vendor D < Vendor C | |
| Vendor B < Vendor D < Vendor A < Vendor C | |
| Vendor D < Vendor B < Vendor C < Vendor A | |
| Vendor A < Vendor B < Vendor C < Vendor D | |
| Vendor C < Vendor D < Vendor A < Vendor B |
ShowHide Answer
Official Answer
Vendor B < Vendor D < Vendor A < Vendor C
16 Apr 2025, 05:35
Kudos
Bookmarks
Official Solution:
• Vendor A:
Equipment Price: $510,000
Shipping Cost: $10,000
Spare Parts Cost: $25,000
Total Cost = $510,000 + $10,000 + $25,000 = $545,000
• Vendor B:
Equipment Price: $470,000
Shipping Cost: $30,000
Spare Parts Cost: $20,000
Total Cost = $470,000 + $30,000 + $20,000 = $520,000
• Vendor C:
Equipment Price: $515,000
Shipping Cost: $15,000
Spare Parts Cost: $20,000
Total Cost = $515,000 + $15,000 + $20,000 = $550,000
• Vendor D:
Equipment Price: $490,000
Shipping Cost: $20,000
Spare Parts Cost: $23,000
Total Cost = $490,000 + $20,000 + $23,000 = $533,000
Final Ranking (Lowest to Highest): Vendor B < Vendor D < Vendor A < Vendor C
Correct answer:
Based only on equipment price, shipping cost, and spare parts cost, which of the following correctly ranks the vendors from lowest to highest total project cost? "Vendor B < Vendor D < Vendor A < Vendor C"
Bunuel
• Vendor A:
Equipment Price: $510,000
Shipping Cost: $10,000
Spare Parts Cost: $25,000
Total Cost = $510,000 + $10,000 + $25,000 = $545,000
• Vendor B:
Equipment Price: $470,000
Shipping Cost: $30,000
Spare Parts Cost: $20,000
Total Cost = $470,000 + $30,000 + $20,000 = $520,000
• Vendor C:
Equipment Price: $515,000
Shipping Cost: $15,000
Spare Parts Cost: $20,000
Total Cost = $515,000 + $15,000 + $20,000 = $550,000
• Vendor D:
Equipment Price: $490,000
Shipping Cost: $20,000
Spare Parts Cost: $23,000
Total Cost = $490,000 + $20,000 + $23,000 = $533,000
Final Ranking (Lowest to Highest): Vendor B < Vendor D < Vendor A < Vendor C
Correct answer:
Based only on equipment price, shipping cost, and spare parts cost, which of the following correctly ranks the vendors from lowest to highest total project cost? "Vendor B < Vendor D < Vendor A < Vendor C"
