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Comparing actual prices paid for a product to the should-cost price from a parametric cost model may help us Question 3 options: 1) Identify components
Comparing actual prices paid for a product to the should-cost price from a parametric cost model may help us Question 3 options: 1) Identify components we should eliminate from our product 2) Identify suppliers who may be over-charging for their product 3) Determine whether we need to raise our price 4) See how prices are changing over time
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