A ______ contract is desired when item specifications are clearly known and the supplier can estimate the production cost with reasonable accuracy.
A) buyback
B) fixed-price
C) quantity-flexibility
D) cost-plus
Correct Answer:
Verified
Q48: Purchasing predictability is relatively high for _.
A)direct
Q49: The supplier is paid in full for
Q50: Which of the following is FALSE about
Q51: Any difference in value to be gained
Q52: Which of the following statements is true
Q54: The buyer can change the purchased quantity
Q55: Which approach is desirable when there is
Q56: In which auction does the buyer review
Q57: Standard purchase orders are used for _.
A)purchases
Q58: A _ contract is desired when the
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