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NEW QUESTION: 1
Which type of contract is most commonly used by buying organizations because the price for goods is set at the outset and is not subject to change unless the scope of work changes?
A. Fixed-Price-Incentive-Fee Contract (FPIF)
B. Cost-Reimbursable Contract (CR)
C. Firm-Fixed -Price Contract (FFP)
D. Fixed Price with Economic Price Adjustments Contract (FP-EPA)
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Firm Fixed Price Contracts (FFP). The most commonly used contract type is the FFP. It is favored by most buying organizations because the price for goods is set at the outset and not subject to change unless the scope of work changes. Any cost increase due to adverse performance is the responsibility of the seller, who is obligated to complete the effort. Under the FFP contract, the buyer should precisely specify the product or services to be procured, and any changes to the procurement specification can increase the costs to the buyer.
NEW QUESTION: 2
An IBM SVC customer is migrating to use data reduction pools. They want to add data reduction capabilities to grow effective capacity and make existing storage more efficient.
What is required to add the capabilities and minimize TCO?
A. IBM Spectrum Control
B. Compression licenses for the usable capacity being compressed
C. IBM Spectrum Copy Data Management
D. No further licensing required
Answer: B
NEW QUESTION: 3
What is the description of the standard normal distribution?
A. The variance is 0
B. Expectation is 0
C. The variance is 1
D. Expectation is 1
Answer: B,C
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