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According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
A blanket order, blanket purchase agreement or call-off order [1] is a purchase order which a customer places with its supplier to allow multiple delivery dates over a period of time, often negotiated to take advantage of predetermined pricing. It is normally used when there is a recurring need for expendable goods.
The proposed price hikes, which would take effect Jan. 19, include a 3.2 percent increase for Priority Mail and Priority Mail Express services. USPS Ground Advantage rates would rise by 3.9 ...
Asset price inflation is an undue increase in the prices of real assets, such as real estate. In some cases, the measures are meant to be more humorous or to reflect a single place. This includes: The Christmas Price Index, which calculates the cost of the items mentioned in a song, "The Twelve Days of Christmas". [51]
Supply chain as connected supply and demand curves. In microeconomics, supply and demand is an economic model of price determination in a market.It postulates that, holding all else equal, the unit price for a particular good or other traded item in a perfectly competitive market, will vary until it settles at the market-clearing price, where the quantity demanded equals the quantity supplied ...
Though Rolex usually sets its prices annually on Jan. 1, the company introduced a 4% increase in some of its gold watches in the U.K. last June, including raising the retail cost of the Rolex ...
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