Re:GM’s CEO Offers to Make Ventilators in WWII-Style Mobiliz...
by jjeaff on Wednesday March 18, 2020 @11:53PM
(#22624259)
If any of them have half a brain, they are maintaining their regular prices and ramping up production and stockpiling them for the inevitable demand in a few more weeks.
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Re:GM’s CEO Offers to Make Ventilators in WWII-Style Mobiliz...
by sailfast on Thursday March 19, 2020 @12:59AM
(#22624628)
This is easily resolved by setting the price of ventilators as part of Title IV of the Defense Production Act (I would imagine)
https://fas.org/sgp/crs/natsec/RS20587.pdf
Re:GM’s CEO Offers to Make Ventilators in WWII-Style Mobiliz...
by fma on Thursday March 19, 2020 @12:22PM
(#22628963)
In fairness, if your hourly workers are working overtime to "ramp up production" you need to pay them overtime of 1.5x (In China, it can be double or triple (forgot which one) since their workers were working during Chinese New Year) . Their costs increases and should be able to reasonable increase price to accommodate.