What Pricing Strategy Did the National Aeronautics and Space Administration

question 312

Multiple Choice

What pricing strategy did the National Aeronautics and Space Administration (NASA) use to pay Lockheed Martin for the Orion lunar spacecraft?

• A) cost-plus-percentage-of-cost pricing
• B) experience-curve pricing
• C) standard markup pricing
• D) yield management pricing
• E) cost-plus-fixed-fee pricing

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Definitions:

Increase

The action of becoming larger or greater in size, amount, number, or degree.

Oropharyngeal Airway

A medical device used to keep the airway open, typically inserted into the mouth to ensure air passage to the lungs.

Nasal Trumpet

A medical device inserted into the nostril to secure an open airway and facilitate breathing.

Thick and Tenacious

Describes substances that are dense and sticky, making them difficult to move or separate.