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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The answer is LLC or also known as Limited Liability
Company. This type of hybrid legal entity has the characteristic of mixed
characteristics of a partnership, sole proprietorship and even a company in
which they have a limited liability that could also be similar to shareholders
in a corporation.
$32,000 will be the savings amount after 10 years. Savings are the funds that remain after subtracting a person's consumer spending from their disposable income during a specific time period. Savings, then, is what's left over after all bills and commitments have been fulfilled for an individual or household.
Cash or cash equivalents (such as bank deposits) are used to store savings since they carry no danger of loss but also offer very low returns. Savings can increase through investing, but doing so involves putting money at risk. One is considered to be living paycheck to paycheck if they are unable to keep savings.
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Answer:
$0.82
Explanation:
Average Cost =Total Production Cost÷Number of Units Produced
Since there will be a 35% markup
Retail Price=135% of 0.61
= 1.35X 0.61=$0.82
Answer:
cost of goods manufactured= $665,000
Explanation:
Giving the following information:
Molina Company has a beginning and ending work in process inventories of $130,000 and $145,000 respectively. If total manufacturing costs are $680,000
We need to use the following formula:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 130,000 + 680,000 - 145,000
cost of goods manufactured= 665,000