Examlex
Explain the relational database data model.
Cost-plus-fixed-fee Pricing
A pricing method where the selling price is determined by adding a fixed fee to the cost of the product or service.
Cost-plus-percentage-of-cost Pricing
A pricing strategy where the selling price is determined by adding a specific percentage markup to the cost of the product or service.
Standard Markup Pricing
A strategy in pricing that involves adding a set percentage above the product's cost to calculate its retail price.
Bolt Of Fabric
A large roll of cloth or fabric that is typically measured in yards or meters, used in manufacturing and sewing industries.
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