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A "price adjustment" is a change to the established price of the contract arrived at by mutual agreement between the Government and contractor. An "adjustment in estimated quantities" is a contract adjustment pursuant to the contract clause on variation in estimated quantities. A "bilateral modification" is a supplemental agreement on which the ...
Quantity adjustment, a concept in economics related to changes in price and quantity; Price adjustment (retail), a retail policy also called price protection; Pricing, the process of determining what a company will receive in exchange for its product or service; Purchase price adjustment, the change in value of an asset between negotiation and ...
Typically, supply-chain managers aim to maximize the profitable operation of their manufacturing and distribution supply chain. This could include measures like maximizing gross margin return on inventory invested (balancing the cost of inventory at all points in the supply chain with availability to the customer), minimizing total operating expenses (transportation, inventory and ...
Price adjustments are also slightly different from price-matching policies. Price matching is the practice of a retailer offering a refund of the difference between their higher price of an item and a competing retailer's lower price for the same item. Price adjustments only compare different prices at the same retailer over time.
although a 2008 article notes that there is no standard definition of VMI and the term's usage varies "significantly" among companies supporting VMI processes. [ 2 ] A third-party logistics provider may also be involved to help ensure that the buyer has the required level of inventory by adjusting the demand and supply gaps.
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Economist Alfred Marshall saw market adjustment in quantity-adjustment terms in the short run. During a given "market day", the amount of goods on the market was given -- but it adjusts in the short run, a longer period: if the "supply price" (the price suppliers were willing to accept) was below the "demand price" (what purchasers were willing ...
Costco, just like many other stores and e-commerce sites, saves some of its best deals for Black Friday weekend. But, with those amazing deals come the odds that the item(s) you want -- especially...