Which of the following contract types is not appropriate for Commercial Items?
a | Fixed Price level of Effort (FPLOE) |
b | Cost Plus Fixed Fee (CPFF) |
c | IDIQ Indefinite Quantity Task Order |
d | Firm Fixed Price (FFP) |
b. Cost Plus Fixed Fee (CPFF) is the contract type which is not appropriate for Commercial Items. As this is a type of cost-reimbursement contract, and any type of cost-reimbursement contract to acquire commercial items is prohibited.
Which of the following contract types is not appropriate for Commercial Items? a Fixed Price level...
A Cost Plus Fixed Fee (CPFF) Contract has an estimated Cost of $55,000,000 and a Fixed Fee of $5,000,000. What is the final price and the ROS if : a.) The actual cost is $48,000,000 b.) The actual cost is $75,000,000
7. The Alfa Specialty Engineering Company (SPEC) is opening for business. The shop sells various types of unique hydraulic system replacement parts. · A system engineering firm has offered to buy 1,500 specialty items for $10,000. Fixed costs for one month = $4,000 SPEC has priced the items at $8.00 each variable cost per item = $6.00 . Questions: a. b. c. d. Calculate SPEC's operating breakeven point Calculate SPEC's EBIT on the order If SPEC renegotiates the contract at...
Which contract is set up so that the wholesale price is lowered and paid up front, but, if the parts are sold, an additional amount is paid to the wholesaler? Select one: a. Buy-Back Contract b. Quantity Discount Contract c. Revenue Sharing Contract d. Price Protection Contract e. Quantity Flexible Contract f. Options Contract Q 22 Question 22 Continuous Replenishment is a strategic supply chain alliance between a supplier and a retailer. Which of the following statements about Continuous Replenishment...
a) For which contract types does the Uniform Commercial Code either require a record or they must be written? b) What actions (list as many as you can think of) can a company take to limit its exposure to claims of product liability?
For questions 26-75, choose the most appropriate choice 26. In the A-B-C classification system, items represent 50%-60% of all items but only 10%-15% of the total value? A. A items B. B items C. C items D. A items plus B items E. B items plus C items 27. If no variations in demand during the item's lead time exist and no safety stock is needed, then the ROP will equal to: A. the EOC B. expected demand during lead...
In scenario analysis, which one of the following items is least apt to be assigned a range of values? A. Sales price per unit B. Variable cost per unit C. Fixed cost D. Initial cost E. Sales quantity
In the Quantity Discount EOQ inventory model, which of the following items is NOT considered relevant in determining the lowest cost order quantity? A. The cost of placing an order. B. The individual purchase price of an item of inventory. C. The cost of carrying an item in inventory. D. The variability of demand during lead time. E. The annual demand for the product.
Which of the following items do not have to be capitalized? A Commissions paid to obtain a business loan. B Cost of obtaining a business license that's renewable for an indefinite period. C Costs of acquiring customer lists. D Costs of removing old depreciable assets in order to install new replacement assets.
Which of the following statements is false? D Cost and Price E F Quantity Point A is on the marginal cost curve. When the firm chooses a level of production F, buyers will pay a price E. Point C indicates the price and quantity of production that would exist in a competitive equilibrium. Point B shows the level of demand that corresponds to the profit maximizing level of production. Because the firm described by this graph is a monopoly, production...
in which one of the following types of contract between a seller and a buyer does the seller agree to sell a specified asset to the buyer today and then buy it back at a specified time in the future at an agreed future price. a) repurchase agreement . C) swap d) call e) none of the above Organized options markets are different from over- the counter options markets for all of the following reasons except a) legal contracts c)...