An economic price adjustment clause was included in a, Ask an Expert

Management Studies

An economic price adjustment clause was included in a two-year contract for 500,000 gallons of fuel at $3.50 per gallon. The Producer Price Index (PPI) for January 2015, the month of the award, is 175. If the PPI for January 2016 is 188, what will the contract price per gallon adjust to for the second year?

a. $3.59 b. $3.76 c. $3.79 d. $3.90

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92030074

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 which of the following are marketing activitiesa personal

1. Which of the following are marketing activities? a. Personal selling b. Public relations c. Product development d. All of the options listed e. Both a and b 2. When movie studios lobby governments to introduce legal p ...

1 why is risk management a key within core supply chain

1. Why is risk management a key within core Supply Chain processes for high tech manufacturers? 2. Write a brief Persuasive argument essay on Operation Management. 3. Apple has applied a postponement inventory strategy i ...

1 out of the most notable transportation problems please

1. Out of the most notable transportation problems, please list and explain the problems concerning the loss of public space, public transport inequalities, and land consumption. What are the most promising solutions to ...

Case analysisburger king the national franchise is banned

Case Analysis Burger King, the national franchise, is banned from opening a restaurant within 20 miles of Mattoon, Illinois. So, there is not a Burger King there; no problem, right? Not so fast! In the late 1950s, Gene a ...

1 name the four stages of the business process management

1. Name the four stages of the business process management cycle and summarize the activities in each. Your response should be at least 200 words in length. 2. Well-developed explanation. Find a local export business and ...

Case study foundations of individual behaviordiffering

Case Study: Foundations of Individual Behavior Differing Perceptions at Clarkston Industries Susan Harrington continued to drum her fingers on her desk. She had a real problem and wasn't sure what to do next. She had a l ...

1 explain circumstances in which it is possible to improve

1. Explain circumstances in which it is possible to improve maintainability to counteract poor reliability, and also identify circumstances where this approach is unrewarding. 2. What is multiple constituency model's str ...

Methods of carrying on businesswhat are the 3 main types of

Methods of Carrying on Business What are the 3 main types of business organizations? Give the definition of partnership under the partnership act. What is the purpose and effect of the partnership act? Can a partnership ...

1 if identity and personality are positioned as a set of

1. If identity and personality are positioned as a set of personal, social, or organizational definitions, in what ways might personality and identity present competing perceptions of leader behaviors as followers observ ...

1 explain what are the risks and rewards to a a i buyer ii

1. Explain, what are the risks and rewards to a a (i) Buyer (ii) Seller (iii) Lender and (iv) Real Estate Agent a Buyer buying a Note (Promissory Note). Please site sources and be detailed. 2. Is it necessary for a soci ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert