or Cost-Reimbursement Contract Willie Glover BUS 501 February 20‚ 2011 Dr. Nick Nayak Abstract Fixed-price contracts and cost-reimbursements are two different forms of contracts used by the federal government while determining contract pricing. Contracting officers may use either when contracting however there are several types of fixed-price contracts. Fixed-price type of contracts provide for a firm price or an adjustable price. Fixed-price contracts consist of firm-fixed-price contracts
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Toyota Company Marketing Analysis Industry and Marketplace Toyota Motor Company is an eminent Japanese Multinational Company. It is considered the globe’s second most prominent manufacturer of trucks‚ automobiles‚ buses and even robots. Additionally‚ the corporation offers financial services to its clientele. The firm was set up by Kiichiro Toyoda back in 1937 as an offshoot of the father’s firm Toyota Industries to manufacturing motor vehicles. Toyota Motor Company has it’s headquartered in Japan
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There were several advantages of Toyota’s manufacturing system when compared with conventional manufacturing system. Ohno Taiichi was the person responsible in helping Toyota shift from the established method of manufacturing automobiles set by Ford. The basic philosophy was to produce everything in mass quantity to gain maximum economies of scale. The logic was to spread the fixed cost over the production line and benefit from lower cost. Another characteristic of this philosophy was to make each
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Predatory pricing is a practice in which a company attempts to gain control of a market by cutting its prices to levels well below those of competitors‚ so that those competitors go out of business because they cannot match those prices‚ or they cannot sustain lowered prices because they lack capital. This tactic is illegal in many regions of the world‚ although it can be very difficult to prove that a company is really engaging in predatory pricing. Some economists have suggested that this practice
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Transportation Cost & Pricing Transportation Cost & Pricing Compare and contrast the cost structures of rail‚ motor carriers‚ and air. When you compare the rail cost structure to that of the cost structures of the motor‚ and air carriers‚ you will see that the rail carriers have a high structure cost. “One of the characteristics of railroads as previously noted is the level of fixed costs present in their cost structures.” (Coyle‚ 2011) These fixed cost exists because the ownership of
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Toyota Motors Marketing Plan Student Name Professor Name Course Code Date Table of Contents Executive Summary 3 Introduction 3 Strategic Plan and focus 5 The Goals of the Company 5 Core Competencies and Competitive Advantages 6 SWOT Analysis of Toyota 6 Basic Strengths of Toyota 6 Weaknesses of Toyota 8 Opportunities of Toyota 8 Threats of Toyota 9 Car Industry Analysis 10 Toyota Company analysis 10 Customer Analysis 11 Where People Purchase 11 When People Purchase 12 Why do People Purchase
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production of goods and services‚ and involves the responsibility of ensuring that business operations are efficient and effective. It is the management of resources‚ the distribution of goods and services to customers‚ and the analysis of queue systems. Pricing is one of the four p ’s of the marketing mix The effective price is the price the company receives after accounting for discounts‚ promotions‚ and other incentives. Price lining is the use of a limited number of prices for all your product offerings
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=((90-52)/52)/((50-75) /75)= -2.19‚ |Ed| is larger than 1. It means that consumers are really sensitive to price changes. In this condition‚ the market was highly price sensitive and a low price stimulates market growth. So it could set price by market-penetration pricing. Bennett hoped to earn a return of 15% on the selling price. 1. If he set the price according to Sanyo’s landed price‚ then the price could be $309. 2. If he set the price based on the school’s revenue‚ then the price could be: 90% students used
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Toyota case study Task 1 a) Brief overview of the critical importance of strategic operations management to a world class company. AND b) Critical review of Toyota’s strategic operations management activities from manufacturing‚ product/service and administration perspectives. a) Strategic operations management is of great importance to any organisation. The very existence of organisations in the modern competitive world depends on mass customization‚ Lean production‚ agile manufacturing‚
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Transfer Pricing Question 1) BADM4280 Paper Ltd. is a division of GH Inc. BADM4280 Paper Ltd. produces paper and sells it to a number of companies‚ as well as to GH Inc. who uses it in their textbook division. Recently‚ the vice president of marketing for GH Inc. approached BADM4280 Paper Ltd. with a request to make 20‚000 units of a special paper product. The following information is available regarding the BADM4280 Paper division: Selling price of regular paper per unit $80
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