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United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
Special Delivery, a domestic accelerated local delivery service, was introduced on 3 March 1885 initially with a fee of 10¢ paid by a Special Delivery stamp. It was transformed into Express Mail, introduced in 1977 by Ronald B. Lee after an experimental period that started in 1970, [7] although Special Delivery was not terminated until June 8, 1997.
The stamp bears the words "Secures immediate delivery at a special delivery office,". In 1886 the Special Delivery service was expanded to all post offices and a new stamp was designed. The revised stamp was identical to the first issue of 1885 but instead bore the statement "Secures immediate delivery at any post office."
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A guaranteed maximum price (also known as GMP, not-to-exceed price, NTE, or NTX) contract is a cost-type contract (also known as an open-book contract) such that the contractor is compensated for actual costs incurred plus a fixed fee, which is limited to a maximum price. The contractor is responsible for cost overruns greater than the ...
Total Delivered Cost (TDC) is the amount of money it takes for a company to manufacture and deliver a product. Its components are: Its components are: Total Manufacturing Cost : Costs incurred up to and inclusive of the production of finished and wrapped pallets or unit loads , fit for introduction into the warehousing and distribution chain .
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