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Vet Manager Exam Prep

Category - CVPM

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Which of the following is the correct term for a method of pricing that adjusts the sales price of an item as contemporaneously as possible to the sale, based on its most current replacement acquisition cost and regardless of how much was paid for the item?

Cost plus pricing
Market oriented pricing
Just in time pricing
Premium pricing

Explanation

Answer: C- Just in time pricing is the correct term for a method of pricing that adjusts the sales price of an item as contemporaneously as possible to the sale, based on its most current replacement acquisition cost and regardless of how much was paid for the item.

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Vet Manager Exam Prep

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