Quote:
Originally Posted by John Elwin
I was working for Lotus at the time when we sold the 7 project to Caterham. No-one really knew what the component cost of a 7 was. When an order was received, the storeman from Lotus Racing (the division responsible for the 7) pretty well knew by heart what went into the car & he simply went to the stores & picked the parts.
So, we ended up with him spreading out a complete car in component form on the floor of the Director's garage & I priced it up.
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Sounds rather like the way things are done today in this thread's original subject focal point.
No one knows how much anything costs (or, indeed, what value it really offers) so when the simple but hard questions are asked someone either calculated an answer or makes something up.
Or both.
That's not especially unusual but where politicians are concerned the chances of coming to a sensible arrangement are much less than would be the case, normally, in business.
IMO.