If the Delivery Date Is Some Months or Years Away

question 13

Multiple Choice

If the delivery date is some months or years away and if there is substantial chance of price escalation,a supplier may feel that there is far too much risk of loss to agree to sell under a:

• A)firm-fixed-price plus incentive fee (FFPIF).
• B)firm-fixed-price (FFP).
• C)cost-no-fee (CNF).
• D)cost-plus-fixed-fee (CPFF).
• E)cost-plus-incentive-fee (CPIF).

---

Definitions:

Three-Tier Model

A framework often used in various fields to categorize or prioritize information, interventions, or responses into three levels.

Critical Thinking Process

A method of objectively analyzing and evaluating an issue or situation to form a judgment.

Recursive and Dynamic Levels

Refers to processes or structures that are repeated or evolve over time, where each level is built upon or interacts with previous ones.

Beginner's Mind

An approach to life and learning characterized by openness, eagerness, and lack of preconceptions, even at advanced levels of achievement.