You are the PM on a project, and you need to decide which vendor to choose as a supplier for one of the components of a product. Vendor A has offered the component to you at $50,000 up front with a recurring cost of $5,000 per year. Vendor B would charge you $70,000 as the initial fee then a $2,000 cost per year. What is the point in years which the costs will be equal? (3 points) If the project is supposed to last 5 years, which vendor should you choose? (3 points)

You are the PM on a project, and you need to decide which vendor to choose as a supplier for one of the components of a product. Vendor A has offered the component to you at $50,000 up front with a recurring cost of $5,000 per year. Vendor B would charge you $70,000 as the initial fee then a $2,000 cost per year. What is the point in years which the costs will be equal? (3 points) If the project is supposed to last 5 years, which vendor should you choose? (3 points)

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.8: Linear Programming

Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...

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