Dusty Is Evaluating Three Bids to Supply Fence Hardware for the 5

question 20

Multiple Choice

Dusty is evaluating three 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 2%; Lady's bid is $50 per unit with a defect rate of 0.5%; and Spike's bid is $30 per unit with a defect rate of 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 1000 units to fence in this pasture configuration; what is the lowest total cost?

• A)$47,500
• B)$50,000
• C)$52,500
• D)$55,000

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Definitions:

Virtuous Character

A set of qualities that exemplify moral excellence and righteousness in an individual.

Aristotle

An ancient Greek philosopher and scientist, who’s known for laying the groundwork for much of Western philosophy and ethics.

Evil Cause

A reason or motive for actions that are morally wrong or lead to negative outcomes, often associated with harm or malevolence.

Brave Soldier

A soldier who exhibits courage and bravery in combat situations.