Work

The Equipment Target Price Adjusting Model Based on Uncontrollable Technical Risk

Year: 2019
Type: conference-paper
Abstract: In view of the uncontrollable technical risk resulted in the actual cost is far more than the target price in the process of equipment development, the mode of existing incentive -constrained pricing cannot play an effective role, the equipment suppliers lose enthusiasm for cost control.Equipment target price adjusting model under a single uncontrollable technical risk is given.For the difference of cost overrun and saving caused by uncontrollable technical risk, the cost allocation coefficient and the cost sharing coefficient are given based on the asymmetric incentive theory.On this basis, the equipment target price adjusting models under two or more uncontrollable technical risks are developing, which can provide decision reference for the precise motivation of the actual equipment pricing.Finally, an example is used to verify the feasibility and effectiveness of model.
Authors: Sheng-xiang SUN, Shuang HAN, Li XIE
Language: English
Open Access status: hybrid
OpenAlex ID: W3000470897
FWCI:
Cites: 5
Cited by:
Related to: 10