The focus of Performance Based Logistics (PBL) is to leverage best practices of both Government and Industry.--- True
Explanation:
PBL is synonymous with performance-based life cycle product support, where outcomes are acquired through performance-based arrangements that deliver Warfighter requirements and incentivize product support providers to reduce costs through innovation. These Product Support Arrangements (PSA) are contracts with industry or intragovernmental agreements.
What is the focus of performance based logistics?
Performance-Based Logistics (PBL) is the purchase of support as an integrated, affordable, performance package designed to optimize system readiness and meet performance goals for a weapon system through long-term support arrangements with clear lines of authority and responsibility.
How long are PBL contracts?
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.
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Answer:
Gain $72,480
Explanation:
Calculation for the amount of gain or loss that Sheffield should recognize on the exchange
Using this formula
Gain/Loss= Book value – Fair value
Let plug in the formula
Gain/Loss= $978,480 – $906,000
Gain=$72,480
Therefore the amount of gain or loss that Sheffield should recognize on the exchange will be $72,480
Answer:
The price elasticity of demand is -5
Explanation:
Elasticity of demand measure the responsiveness of demand against the change in price of the product. It shows how much demand changes if there is the change in price.
Using mid point method
Change in Demand = $20 - $25
Change in Demand = -$5
Change in price = $5 - $4
Change in price = $1
As we know
Elasticity of Demand = Change in demand / Change in price
Elasticity of Demand = -$5 / $1
Elasticity of Demand = -5
Answer:
Operating cash flows
Explanation:
Net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV is a capital budgeting method used to determine profitable investments
Answer:
d) as a current liability
Explanation:
Current Liabilities are those liabilities which are payable within one years time e.g trade payable, tax payable etc.
The credit against the purchase of inventory is classified as the trade payable and it is paid in a short time, so it will be reported on the balance sheet in current liability section.