Answer:
Cost-plus-fixed-fee pricing
Explanation:
Cost-plus-fixed-fee pricing is when the contractor specifies the expenses of a project and a fixed fee for the services that provides which allows the contractor to earn a profit. In this type of pricing, the overall cost of the project is determined at the end and all the authorized costs are paid to the contractor in full. According to this, the answer is that these contractors use cost-plus-fixed-fee pricing to compensate them for any cost overruns.
A Pay-Survey is a report based on research of compensation rates for workers performing similar jobs in other organisations.
$1,333 - $1,200 = $133
Your gain was: $133
Answer:
average annual transportation inventory for each alternative are 16.4383 , 5.4794, 27.3972
Explanation:
Given data
Annual demand A = 2000 flower
transit time t1 = 3 days
transit time t2 = 1 day
transit time t3 = 5 days
to find out
What is the average annual transportation inventory for each alternative
solution
we will apply here average annual transportation inventory formula that is
average annual transportation inventory = t × A / 365
put the value t1 , t2 and t3 for annual demand 2000
so
average annual transportation inventory = t × A / 365
average annual transportation inventory = 3 × 2000 / 365 = 16.4383
and
average annual transportation inventory = t × A / 365
average annual transportation inventory = 1 × 2000 / 365 = 5.4794
and
average annual transportation inventory = t × A / 365
average annual transportation inventory = 5 × 2000/ 365 = 27.3972
A shortage occurs when demand exceeds supply – in other words, when the price is too low. However, shortages tend to drive up the price, because consumers compete to purchase the product. As a result, businesses may hold back supply to stimulate demand.