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In the simulation, your team will face late penalties when the lead time for a job exceeds the quoted lead time promised for the selected
In the simulation, your team will face late penalties when the lead time for a job exceeds the quoted lead time promised for the selected contract.
The revenue earned per job decreases linearly as the lead time exceeds the quoted lead time up to a maximum lead time where it reaches $
Lead times above the maximum lead time also earn $ in revenue.
For Example, with Contract
A job completed in days or fewer earns $
A job completed in days earns $
For each day over the quoted lead time the revenue decreases by $$ days days $ $ per day.
A job completed in days is days late on Contract It earns a penalty of $ $
The revenue earned for this job would be $ $ $ in revenue.
Compare a job that is days late on Contract with a job that is days late on Contract
Calculate the revenue earned from a job that is days late on Contact completed in days
Calculate the revenue earned from a job that is days late on Contract completed in days
Which job earns more revenue?
Enter the absolute difference in revenue earned between these jobs.
Carry your calculations to at least decimal places.
Enter your final answer rounded to decimal place.
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