Your engineering consulting firm is in the middle of a veryprofitable year. Yet, you have some engin

Your engineering consulting firm is in the middle of a veryprofitable year. Yet, you have some engineers that have some idletime. You can either give them time off or find some work for them.The variable cost for the engineers is $30/hour and the standardcost is $55/hour. A possible job has become available. Yourengineering estimator tells you that it will take at most 250hours, at least 150 hours and most likely 180 hours. How would youdecide how much to charge? What is the least you would be willingto charge? Use real numbers wherever possible. Justify yoursteps. Attached

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