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Short Description for understanding of these terms
1. Difference between price and cost analysis.2. Three sources of cost data3. What is the basics of FFP, FFPEA, FPR. CPIF. CPFF., CPAF contacts.4. Circumstances requiring negotiaton instead of competitive bidding.5. What are the four phases of face to face negotiation6. Perceived impropriety7. What are the functions of inventories8. What is a ABC, activity base costing analysis.9. What is the JIT, just in time impact on purchasing and supply chain.
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