Price analysis does not have to be done on:

Price analysis does not have to be done on:

(a)   Contracts under $600,000

(b)   Micropurchases

(c)   Simplified acquisition

(d)   Competitive proposals

(e)   None of the above

Estimating formulas that have both dependent and independent variables are called:

(a)   Estametric formulas

(b)   Parametric formulas

(c)   Price index formulas

(d)   Price curve formulas

(e)   None of the above

In using independent estimates, which of the following factors may have a significant effect but also be the hardest to determine?

(a)   Timing of estimate

(b)   Quantities used for the estimate

(c)   Estimating optimism

(d)   Source of the estimate

(e)   None of the above