Best practice Performance Based Logistics contracts often use some combination of "carrots and sticks" strategies that are tightly aligned, promoting behaviors and outcomes that benefit both customer and supplier -- -True
What are performance based logistics contracts?
Performance-Based Logistics (PBL) contracts provide services or sup- port where the provider is held to customer-oriented performance requirements. These contracts are not necessarily designed to save money, but rather to maintain or improve current system or platform performance in a cost constrained world.
How long are PBL contracts?
3 to 5 years
Effective PBL contracts are typically multi-year contracts (i.e., 3 to 5 years with additional option or award term years), with high confidence level for exercising options/award term years.
What is a product support arrangement?
The term “product support arrangement” means a contract, task order, or any type of other contractual arrangement, or any type of agreement or non-contractual arrangement within the Federal Government, for the performance of sustain ment or logistics support required for major weapon systems, subsystems, or components ...
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Answer:
all the given figures are wrong but i explained the correct procedure.
Explanation:
INCOME STATEMENT
Fees earned 17400
Expenses:
Depreciation expense 1300
Insurance expense 400
Supplies expense 3800 5500
Net Income 11900
Therefore, The Net income for the period is $11900.
The statement above is popularly referred to as Whorfian hypothesis. The hypothesis states that language directly affects the way people think about the world and the way they perceive it, thus it holds the idea that one's language determines one's conception of the world.
Answer:
NPV= $13160
Explanation:
To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.
The formula is:
n
<h3>NPV= -Io + ∑[Rt/(1+i)^t</h3>
t-1
where:
R t =Net cash inflow-outflows during a single period t
i=Discount rate of return that could be earned in alternative investments
t=Number of timer periods
In this exercise:
0= -13000
1= 6000
2= 6000
3=6000
4=6000
5=6000 + 3000 + 2500= 11500
NPV= -13000 + (6000/1.10^1) + (6000/1.10^2) + ... + (115000/1.10^5)
NPV= $13160
