(Answered) Your program is planning to award a contract in january

Management Studies

Your program is planning to award a contract in January 2016 to purchase 100 missiles at an estimated total cost of $100 million (constant FY 2008 dollars). Currently, for Base Year 2008 in the Missile Procurement Appropriation, the FY 2016 raw index is 1.06 and the FY 2016 weighted index is 1.12. What is the proper amount you should request in the budget for this contract in FY 2016?

$106 million
$89.3 million
$112 million
$100 million

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