When using historical prices to set future prices,several questions should be asked about the historical data.Which of the following is not one of the questions as presented by the textbook?
A) How have conditions changed?
B) Were prices in the past determined by the laws of supply and demand?
C) Were there one-time engineering, setup, or tooling charges in the original price?
D) What should be the effect of inflation or deflation on the price?
E) Will the new procurement create a situation in which the supplier should enjoy the benefits of learning?

Question

Quizplus · Accepted Answer

This question is not presented in the textbook as one of the questions that should be asked when using historical prices to set future prices.

When Using Historical Prices to Set Future Prices,several Questions Should