1. Gary owns a small parts manufacturing plant. He was approached by a large aerospace company to bid on a project. Gary does not know how much to charge the company. What do you suggest Gary should do?
Gary should analyze all his bank statements and reconciliations to figure out the best sales price.
Gary should trust his gut instincts and charge whatever he charged his last customer.
Gary should devise a break-even point analysis model and see what mix of sales numbers and charges would benefit him the most.
13%
