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The behavior of both costs and revenues is linear throughout the relevant range of activity. (This assumption precludes the concept of volume discounts on either purchased materials or sales.) Costs can be classified accurately as either fixed or variable. Changes in activity are the only factors that affect costs.
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
An important extension to the EOQ model is to accommodate quantity discounts. There are two main types of quantity discounts: (1) all-units and (2) incremental. [2] [3] Here is a numerical example: Incremental unit discount: Units 1–100 cost $30 each; Units 101–199 cost $28 each; Units 200 and up cost $26 each.
For example, schedule-sensitive business passengers willing to pay $300 for a seat from city A to city B cannot purchase a $150 ticket because the $150 booking class has restrictions, such as a Saturday-night stay or a 15-day advance purchase, that discourage or prevent sales to business passengers. [44]
For business auctions, the term refers to a specific type of auction process (also called e-auction, sourcing event, e-sourcing or eRA, eRFP, e-RFO, e-procurement, B2B Auction). Open procurement processes, which are a form of reverse auction, have been commonly used in government procurement and in the private sector in many countries for many ...
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A ceasefire between Turkey and the U.S.-backed Kurdish Syrian forces (SDF) around the northern Syrian city of Manbij has been extended until the end of this week, State Department spokesperson ...
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