You own a paint manufacturing plant and Sherwin Williams has asked your firm for

Question

You own a paint manufacturing plant and Sherwin Williams has asked your firm for a bid to produce a new line of paint for them. They want the contract to be for the next three years and are willing to commit to buying 100,000 gallons of paint each year. When preparing your bid you estimate that labor and materials would cost $4 per gallon and you

You own a paint manufacturing plant and Sherwin Williams has asked your firm for a bid to produce a new line of paint for them. They want the contract to be for the next three years and are willing to commit to buying 100,000 gallons of paint each year. When preparing your bid you estimate that labor and materials would cost $4 per gallon and you

Explanation / Answer

Many misconceptions exist about how often the Bridge is painted.Some say once every seven years, others say from end-to-end each year. Actually, the Bridge was painted when it was originally built.Until 1965, only touch up was required. In 1965, advancing corrosion sparked a program to remove the original lead-based paint (which was 68% red lead paste in a linseed oil carrier). The removal continued to 1995. In 1965, the original paint was replaced with an inorganic zinc silicate primer and acrylic emulsion topcoat. In the 1980s, this paint system was replaced by a water-borne inorganic zinc primer and an acrylic topcoat. The Bridge will continue to require routine touch up painting on an on-goingbasis.

Currently, a revered and rugged group of of 13 ironworkers and 3 pusher ironworkers along with and 28 painters, 5 painter laborers, and a chief bridge painter battle wind, sea air and fog, often suspended high above the Gate, to repair corroding steel. Ironworkers replace corroding steel and rivets with high-strength steel bolts, make small fabrications for use on the Bridge, and assist painters with their rigging. Ironworkers also remove plates and bars to provide access for painters to the interiors of the columns and chords that make up the Bridge. Painters prepare all Bridge surfaces and repaint all corroded areas.

For over ten years, the Golden Gate Bridge toll remained a constant $3. During that time, Bay Area inflation eroded the buying power of those dollars by 3.4 percent annually, while fuel, insurance, and other non-directly controllable expenses increased by an average of 5.5 percent annually. Labor costs increased approximately 5.3 percent annually and the federal government

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