Answer: Number of months = 66.87 months
Explanation:
Given that,
Monthly Payment = $500
Interest rate(r) = 1.95% per month
Current Balance = $18,500
Number of months(t) = ?
Taking log on both side
t log(1.0195) = log(3.5906)
t = 66.87 months
Became aware of poor tire performance.Became aware of poor tire performance. Open choices for matching3 Defined off-road perform
ance specifications and sizes of tires needed. Defined off-road performance specifications and sizes of tires needed. Open choices for matching Invited vendors to bid via website. Invited vendors to bid via website. Open choices for matching Narrowed to three vendors, then chose Goodyear. Narrowed to three vendors, then chose Goodyear. Open choices for matching Specified number of tires needed and delivery schedule. Specified number of tires needed and delivery schedule. Open choices for matching Awarded scores to Goodyear on key issues.
1 answer:
Attached is the full question.
<u>Explanation:</u>
1. Need Recognition = <em>Became aware of poor tire performance</em>
2. Product Specification = <em>Defined off-road performance specifications and sizes of tires needed.</em>
3. RFP Process =<em> Invited vendors to bid via website. </em>
4. Proposal Analysis, Negotiation, Selection =
- <em>Awarded scores to Goodyear on key issues.</em>
- <em>Narrowed to three vendors, then chose Goodyear. </em>
5. Order Specification = <em>Specified number of tires needed and delivery schedule.</em><em> </em>
6. Vendor Performance Assessment. This step is usually done after the vendor has done the task. It may also be called a post-performance assessment.
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