You have been asked to analyze the bids for 200 polished disks used in solar pan

Question

You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers: Thailand Polishing India Shine, and Sacramento Glow. Thailand Polishing has submitted a bid of 3,000 baht. India Shine has submitted a bid of 3,000 rupee. Sacramento Glow has submitted a bid of $300. You check with your local bank and find that $1 10 baht and $1 8 rupee. The final destination for the disks is New Delhi, India and there is a 35% import tax. Thailand Polishing and Sacramento Glow are based outside of India and India Shine is based in India The price per unit (in dollars), including import tax (if any) for Thailand Polishing 2.03. (Enter your response rounded to the nearest penny.,) The price per unit (in dollars), including import tax (if any) for India Shine s-(Enter your response rounded to the nearest penny)

Explanation / Answer

Thailand polishing:

Thailand polishing has submitted a quote of 3000 baht

$1 = 10 bhat

1 bhat = $1/10

Thailand polishing submitted bid = 3000/10 =$300

Import tax = 35%

Total cost = 1.35*300 = $405

Cost per unit = 405/200 = $2.03

India shine:

India shine has submitted a bid of 3000 rupees

$1 = 8 rupeess

1Rupee = $1/8

India shine submitted bid = 3000/8 = $375

(No import tax)

Price per unit = 375/200 = $1.88

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