Define the following terms and how they impact pricing, Operation Management

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Define the following terms and how they impact pricing

Define the following terms and how they impact pricing approaches.

a. Direct Cost -

b. Indirect Cost

c. Allowable Cost

d. Allocable Cost

e. Reasonable Price

f. Fair and Reasonable Price

g. Basis of Estimate

h. Work Breakdown Structure

i. Cost or Pricing Data

j. Market Research

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Operation Management: Define the following terms and how they impact pricing

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