Price analysis meansa looking at the proposed total price, Ask an Expert

Management Studies

Price analysis means?

a. looking at the proposed total price in comparion to other known prices that are/were shown to be fair and reasonable under similar conditions

b. evaluating a cost breakout for labor, material or overhead

c. evaluating profit separately to properly reward the contractor

d. determining reasonableness of each cost element

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92023744

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