Why do you consider the loss ratio in pricing a non-commercial item fixedprice contract termination for convenience?
EXERCISE #4: QUESTIONS 1. Identify four approaches to establishing an equitable adjustment. a. b. c. d. 2. Which of the approaches to pricing an equitable adjustment is normally considered best? 3. Identify the types of cost that you should consider in making an equitable adjustment. 4. In pricing work deleted from a contract, should you […]