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Email #1Email from project manager to financial officerAugust 3, 9:43 a.m.Did all three bids arrive on time last night? We need to minimize delays on construction, so if the contractors have submitted their estimates and our research team has compiled reports on the contractors’ histories, we should make a decision on which firm to hire by the end of the day.Email #2Email from financial officer in response to the project manager’s August 3, 9:43 a.m. emailAugust 3, 10:12 a.m.Appaloosa Construction sent us a bid of $1.35 million. Its bid is the highest of the three, but its track record is spotless; none of the past 10 major projects it has worked on has gone over budget by more than 4 percent. Breton Construction did manage to underbid them—its representative claims that it can do the project for $1.25 million. However, in the past two years, Breton oversaw two different projects that went over budget by a full 25 percent. If our project were to exceed Breton’s estimate by a comparable percentage, we would run out of funds before completion. Finally, Campolina Construction presented a $1.1 million plan, and its track record is as good as Appaloosa’s. Unfortunately, although Appaloosa and Breton can both start tomorrow, Campolina would be unable to begin work until August 25, so we cannot accept Campolina’s low bid.Email #3Email from project manager in response to the financial officer’s August 3, 10:12 a.m. emailAugust 3, 10:38 a.m.Even though Breton’s work could potentially cost less than either of the other two, that savings does not justify the risk of being unable to complete the project. But as far as Campolina is concerned, you’re not considering the actual cost of a delay. It’s true that we are losing money at a constant rate each day we don’t start building. But even after factoring in the losses of waiting until August 25, the estimated cost of working with Campolina still ends up $50,000 below Appaloosa’s bid.The amount of money lost each day that construction is delayed is closest toa)$2,500b)$10,000c)$20,000d)$55,000e)$65,000Correct answer is option 'B'. Can you explain this answer? for GMAT 2025 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about Email #1Email from project manager to financial officerAugust 3, 9:43 a.m.Did all three bids arrive on time last night? We need to minimize delays on construction, so if the contractors have submitted their estimates and our research team has compiled reports on the contractors’ histories, we should make a decision on which firm to hire by the end of the day.Email #2Email from financial officer in response to the project manager’s August 3, 9:43 a.m. emailAugust 3, 10:12 a.m.Appaloosa Construction sent us a bid of $1.35 million. Its bid is the highest of the three, but its track record is spotless; none of the past 10 major projects it has worked on has gone over budget by more than 4 percent. Breton Construction did manage to underbid them—its representative claims that it can do the project for $1.25 million. However, in the past two years, Breton oversaw two different projects that went over budget by a full 25 percent. If our project were to exceed Breton’s estimate by a comparable percentage, we would run out of funds before completion. Finally, Campolina Construction presented a $1.1 million plan, and its track record is as good as Appaloosa’s. Unfortunately, although Appaloosa and Breton can both start tomorrow, Campolina would be unable to begin work until August 25, so we cannot accept Campolina’s low bid.Email #3Email from project manager in response to the financial officer’s August 3, 10:12 a.m. emailAugust 3, 10:38 a.m.Even though Breton’s work could potentially cost less than either of the other two, that savings does not justify the risk of being unable to complete the project. But as far as Campolina is concerned, you’re not considering the actual cost of a delay. It’s true that we are losing money at a constant rate each day we don’t start building. But even after factoring in the losses of waiting until August 25, the estimated cost of working with Campolina still ends up $50,000 below Appaloosa’s bid.The amount of money lost each day that construction is delayed is closest toa)$2,500b)$10,000c)$20,000d)$55,000e)$65,000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for GMAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Email #1Email from project manager to financial officerAugust 3, 9:43 a.m.Did all three bids arrive on time last night? We need to minimize delays on construction, so if the contractors have submitted their estimates and our research team has compiled reports on the contractors’ histories, we should make a decision on which firm to hire by the end of the day.Email #2Email from financial officer in response to the project manager’s August 3, 9:43 a.m. emailAugust 3, 10:12 a.m.Appaloosa Construction sent us a bid of $1.35 million. Its bid is the highest of the three, but its track record is spotless; none of the past 10 major projects it has worked on has gone over budget by more than 4 percent. Breton Construction did manage to underbid them—its representative claims that it can do the project for $1.25 million. However, in the past two years, Breton oversaw two different projects that went over budget by a full 25 percent. If our project were to exceed Breton’s estimate by a comparable percentage, we would run out of funds before completion. Finally, Campolina Construction presented a $1.1 million plan, and its track record is as good as Appaloosa’s. Unfortunately, although Appaloosa and Breton can both start tomorrow, Campolina would be unable to begin work until August 25, so we cannot accept Campolina’s low bid.Email #3Email from project manager in response to the financial officer’s August 3, 10:12 a.m. emailAugust 3, 10:38 a.m.Even though Breton’s work could potentially cost less than either of the other two, that savings does not justify the risk of being unable to complete the project. But as far as Campolina is concerned, you’re not considering the actual cost of a delay. It’s true that we are losing money at a constant rate each day we don’t start building. But even after factoring in the losses of waiting until August 25, the estimated cost of working with Campolina still ends up $50,000 below Appaloosa’s bid.The amount of money lost each day that construction is delayed is closest toa)$2,500b)$10,000c)$20,000d)$55,000e)$65,000Correct answer is option 'B'. Can you explain this answer?.

Solutions for Email #1Email from project manager to financial officerAugust 3, 9:43 a.m.Did all three bids arrive on time last night? We need to minimize delays on construction, so if the contractors have submitted their estimates and our research team has compiled reports on the contractors’ histories, we should make a decision on which firm to hire by the end of the day.Email #2Email from financial officer in response to the project manager’s August 3, 9:43 a.m. emailAugust 3, 10:12 a.m.Appaloosa Construction sent us a bid of $1.35 million. Its bid is the highest of the three, but its track record is spotless; none of the past 10 major projects it has worked on has gone over budget by more than 4 percent. Breton Construction did manage to underbid them—its representative claims that it can do the project for $1.25 million. However, in the past two years, Breton oversaw two different projects that went over budget by a full 25 percent. If our project were to exceed Breton’s estimate by a comparable percentage, we would run out of funds before completion. Finally, Campolina Construction presented a $1.1 million plan, and its track record is as good as Appaloosa’s. Unfortunately, although Appaloosa and Breton can both start tomorrow, Campolina would be unable to begin work until August 25, so we cannot accept Campolina’s low bid.Email #3Email from project manager in response to the financial officer’s August 3, 10:12 a.m. emailAugust 3, 10:38 a.m.Even though Breton’s work could potentially cost less than either of the other two, that savings does not justify the risk of being unable to complete the project. But as far as Campolina is concerned, you’re not considering the actual cost of a delay. It’s true that we are losing money at a constant rate each day we don’t start building. But even after factoring in the losses of waiting until August 25, the estimated cost of working with Campolina still ends up $50,000 below Appaloosa’s bid.The amount of money lost each day that construction is delayed is closest toa)$2,500b)$10,000c)$20,000d)$55,000e)$65,000Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for GMAT. Download more important topics, notes, lectures and mock test series for GMAT Exam by signing up for free.

Here you can find the meaning of Email #1Email from project manager to financial officerAugust 3, 9:43 a.m.Did all three bids arrive on time last night? We need to minimize delays on construction, so if the contractors have submitted their estimates and our research team has compiled reports on the contractors’ histories, we should make a decision on which firm to hire by the end of the day.Email #2Email from financial officer in response to the project manager’s August 3, 9:43 a.m. emailAugust 3, 10:12 a.m.Appaloosa Construction sent us a bid of $1.35 million. Its bid is the highest of the three, but its track record is spotless; none of the past 10 major projects it has worked on has gone over budget by more than 4 percent. Breton Construction did manage to underbid them—its representative claims that it can do the project for $1.25 million. However, in the past two years, Breton oversaw two different projects that went over budget by a full 25 percent. If our project were to exceed Breton’s estimate by a comparable percentage, we would run out of funds before completion. Finally, Campolina Construction presented a $1.1 million plan, and its track record is as good as Appaloosa’s. Unfortunately, although Appaloosa and Breton can both start tomorrow, Campolina would be unable to begin work until August 25, so we cannot accept Campolina’s low bid.Email #3Email from project manager in response to the financial officer’s August 3, 10:12 a.m. emailAugust 3, 10:38 a.m.Even though Breton’s work could potentially cost less than either of the other two, that savings does not justify the risk of being unable to complete the project. But as far as Campolina is concerned, you’re not considering the actual cost of a delay. It’s true that we are losing money at a constant rate each day we don’t start building. But even after factoring in the losses of waiting until August 25, the estimated cost of working with Campolina still ends up $50,000 below Appaloosa’s bid.The amount of money lost each day that construction is delayed is closest toa)$2,500b)$10,000c)$20,000d)$55,000e)$65,000Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Email #1Email from project manager to financial officerAugust 3, 9:43 a.m.Did all three bids arrive on time last night? We need to minimize delays on construction, so if the contractors have submitted their estimates and our research team has compiled reports on the contractors’ histories, we should make a decision on which firm to hire by the end of the day.Email #2Email from financial officer in response to the project manager’s August 3, 9:43 a.m. emailAugust 3, 10:12 a.m.Appaloosa Construction sent us a bid of $1.35 million. Its bid is the highest of the three, but its track record is spotless; none of the past 10 major projects it has worked on has gone over budget by more than 4 percent. Breton Construction did manage to underbid them—its representative claims that it can do the project for $1.25 million. However, in the past two years, Breton oversaw two different projects that went over budget by a full 25 percent. If our project were to exceed Breton’s estimate by a comparable percentage, we would run out of funds before completion. Finally, Campolina Construction presented a $1.1 million plan, and its track record is as good as Appaloosa’s. Unfortunately, although Appaloosa and Breton can both start tomorrow, Campolina would be unable to begin work until August 25, so we cannot accept Campolina’s low bid.Email #3Email from project manager in response to the financial officer’s August 3, 10:12 a.m. emailAugust 3, 10:38 a.m.Even though Breton’s work could potentially cost less than either of the other two, that savings does not justify the risk of being unable to complete the project. But as far as Campolina is concerned, you’re not considering the actual cost of a delay. It’s true that we are losing money at a constant rate each day we don’t start building. But even after factoring in the losses of waiting until August 25, the estimated cost of working with Campolina still ends up $50,000 below Appaloosa’s bid.The amount of money lost each day that construction is delayed is closest toa)$2,500b)$10,000c)$20,000d)$55,000e)$65,000Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Email #1Email from project manager to financial officerAugust 3, 9:43 a.m.Did all three bids arrive on time last night? We need to minimize delays on construction, so if the contractors have submitted their estimates and our research team has compiled reports on the contractors’ histories, we should make a decision on which firm to hire by the end of the day.Email #2Email from financial officer in response to the project manager’s August 3, 9:43 a.m. emailAugust 3, 10:12 a.m.Appaloosa Construction sent us a bid of $1.35 million. Its bid is the highest of the three, but its track record is spotless; none of the past 10 major projects it has worked on has gone over budget by more than 4 percent. Breton Construction did manage to underbid them—its representative claims that it can do the project for $1.25 million. However, in the past two years, Breton oversaw two different projects that went over budget by a full 25 percent. If our project were to exceed Breton’s estimate by a comparable percentage, we would run out of funds before completion. Finally, Campolina Construction presented a $1.1 million plan, and its track record is as good as Appaloosa’s. Unfortunately, although Appaloosa and Breton can both start tomorrow, Campolina would be unable to begin work until August 25, so we cannot accept Campolina’s low bid.Email #3Email from project manager in response to the financial officer’s August 3, 10:12 a.m. emailAugust 3, 10:38 a.m.Even though Breton’s work could potentially cost less than either of the other two, that savings does not justify the risk of being unable to complete the project. But as far as Campolina is concerned, you’re not considering the actual cost of a delay. It’s true that we are losing money at a constant rate each day we don’t start building. But even after factoring in the losses of waiting until August 25, the estimated cost of working with Campolina still ends up $50,000 below Appaloosa’s bid.The amount of money lost each day that construction is delayed is closest toa)$2,500b)$10,000c)$20,000d)$55,000e)$65,000Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Email #1Email from project manager to financial officerAugust 3, 9:43 a.m.Did all three bids arrive on time last night? We need to minimize delays on construction, so if the contractors have submitted their estimates and our research team has compiled reports on the contractors’ histories, we should make a decision on which firm to hire by the end of the day.Email #2Email from financial officer in response to the project manager’s August 3, 9:43 a.m. emailAugust 3, 10:12 a.m.Appaloosa Construction sent us a bid of $1.35 million. Its bid is the highest of the three, but its track record is spotless; none of the past 10 major projects it has worked on has gone over budget by more than 4 percent. Breton Construction did manage to underbid them—its representative claims that it can do the project for $1.25 million. However, in the past two years, Breton oversaw two different projects that went over budget by a full 25 percent. If our project were to exceed Breton’s estimate by a comparable percentage, we would run out of funds before completion. Finally, Campolina Construction presented a $1.1 million plan, and its track record is as good as Appaloosa’s. Unfortunately, although Appaloosa and Breton can both start tomorrow, Campolina would be unable to begin work until August 25, so we cannot accept Campolina’s low bid.Email #3Email from project manager in response to the financial officer’s August 3, 10:12 a.m. emailAugust 3, 10:38 a.m.Even though Breton’s work could potentially cost less than either of the other two, that savings does not justify the risk of being unable to complete the project. But as far as Campolina is concerned, you’re not considering the actual cost of a delay. It’s true that we are losing money at a constant rate each day we don’t start building. But even after factoring in the losses of waiting until August 25, the estimated cost of working with Campolina still ends up $50,000 below Appaloosa’s bid.The amount of money lost each day that construction is delayed is closest toa)$2,500b)$10,000c)$20,000d)$55,000e)$65,000Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Email #1Email from project manager to financial officerAugust 3, 9:43 a.m.Did all three bids arrive on time last night? We need to minimize delays on construction, so if the contractors have submitted their estimates and our research team has compiled reports on the contractors’ histories, we should make a decision on which firm to hire by the end of the day.Email #2Email from financial officer in response to the project manager’s August 3, 9:43 a.m. emailAugust 3, 10:12 a.m.Appaloosa Construction sent us a bid of $1.35 million. Its bid is the highest of the three, but its track record is spotless; none of the past 10 major projects it has worked on has gone over budget by more than 4 percent. Breton Construction did manage to underbid them—its representative claims that it can do the project for $1.25 million. However, in the past two years, Breton oversaw two different projects that went over budget by a full 25 percent. If our project were to exceed Breton’s estimate by a comparable percentage, we would run out of funds before completion. Finally, Campolina Construction presented a $1.1 million plan, and its track record is as good as Appaloosa’s. Unfortunately, although Appaloosa and Breton can both start tomorrow, Campolina would be unable to begin work until August 25, so we cannot accept Campolina’s low bid.Email #3Email from project manager in response to the financial officer’s August 3, 10:12 a.m. emailAugust 3, 10:38 a.m.Even though Breton’s work could potentially cost less than either of the other two, that savings does not justify the risk of being unable to complete the project. But as far as Campolina is concerned, you’re not considering the actual cost of a delay. It’s true that we are losing money at a constant rate each day we don’t start building. But even after factoring in the losses of waiting until August 25, the estimated cost of working with Campolina still ends up $50,000 below Appaloosa’s bid.The amount of money lost each day that construction is delayed is closest toa)$2,500b)$10,000c)$20,000d)$55,000e)$65,000Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice GMAT tests.