You are analyzing bids from two companies. Company A has scored 85 points on the quality evaluation
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You are analyzing bids from two companies. Company A has scored 85 points on the quality evaluation (out of a scale of 100 points), while company B has scored 95 points. The overall weighting your company uses is 60% for price and 40% for quality. To translate quality into dollar amounts to compare with price, each point not earned in the quality evaluation is considered equal to $200. Assuming that company A has just finalized its bid at $10,000, what is the maximum price in whole dollars that company B could have bid to win the contract?
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