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You are managing a vendor using a CPIF contract. The target contract PRICE was negotiated for $635K with a $35K fee for the vendor. The share ratio for any underrun is 80/20, for an overrun it is 60/40. The vendor completes the work at an actual cost of $625K. What is the final fee the vendor will receive?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92184996

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