Problem 6 8 Algo Lambda Computer Products competed for and

Last updated: 9/12/2023

Problem 6 8 Algo Lambda Computer Products competed for and won a contract to produce two prototype units of a new type of computer that is based on laser optics rather than on electronic binary bits The first unit produced by Lambda took 5 000 hours to produce and required 250 000 worth of material equipment usage and supplies The second unit took 4 250 hours and used 237 500 worth of materials equipment usage and supplies Labor is 25 per hour Use Exhibit 6 5 a Lambda was asked to present a bid for 10 additional units as soon as the second unit was completed Production would start immediately What would this bid be