pricing method where a supplier is reimbursed for all costs,regardless of what they may be,and is allowed a fixed fee as profit that is independent of the final cost of the project is referred to as

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Quizplus · Accepted Answer

The pricing method described is cost-plus fixed-fee pricing, where the supplier is reimbursed for all costs and allowed a fixed fee as profit, independent of the final cost of the project. This fixed fee provides an incentive for the supplier to control costs and improve efficiency, as any cost savings go straight to their profit. The other options listed (A, B, C, and D) all involve calculating prices based on different types of targets or metrics, and do not involve a fixed fee element.

Pricing Method Where a Supplier Is Reimbursed for All Costs,regardless