Multiple Choice
If the delivery date is some months or years away and if there is substantial chance of price escalation,a supplier may feel that there is far too much risk of loss to agree to sell under a:
A) firm-fixed-price plus incentive fee (FFPIF) .
B) firm-fixed-price (FFP) .
C) cost-no-fee (CNF) .
D) cost-plus-fixed-fee (CPFF) .
E) cost-plus-incentive-fee (CPIF) .
Correct Answer:

Verified
Correct Answer:
Verified
Q8: The lowest bid may not receive the
Q9: The purchasing manager indexes (PMIs)are leading economic
Q10: Items for which prices are comparatively low
Q11: A cash discount of 1/15,N/30 (1 percent
Q12: If identical bids are received,the buyer might
Q14: Fixed costs generally remain the same regardless
Q15: Canceling a contract for a technicality when
Q16: Competitive bidding,in general,is the most efficient means
Q17: Farmers turn to marketing and production contracts
Q18: An exception to firm bidding allows the