What is another word for cost-plus?

Pronunciation: [kˈɒstplˈʌs] (IPA)

Cost-plus pricing is a pricing strategy where the cost of producing a product is calculated, and a predetermined markup is added to set the final selling price. However, there are various synonyms for this term which are often used in business. One such synonym is markup pricing, which is the process of adding an agreed percentage of the cost to the selling price to determine the final price. Another term used for cost-plus pricing is margin pricing, which measures the profit generated by subtracting the cost of the product from the final selling price. Other synonyms for cost-plus pricing include cost-based pricing, target costing, and value-based pricing. These terms are critical in business, and understanding them helps companies to set appropriate prices for their products and services.

What are the hypernyms for Cost-plus?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    pricing system, Contract pricing model, Pricing methodology, Service rate model, pricing structure.

What are the opposite words for cost-plus?

The term cost-plus implies a pricing model where the price of a product or service is based on the cost of production plus a markup. There are various antonyms for the word cost-plus that refer to alternative pricing models. One such antonym is a flat-rate pricing model which charges a fixed amount of money for a product or service. Another antonym is a value-based pricing model where the price is based on the perceived value of the product or service to the customer. Other antonyms include tiered pricing, where the price is based on different levels of offerings, and dynamic pricing, where the price changes based on demand and supply.

What are the antonyms for Cost-plus?

Word of the Day

Middle Class Populations
The antonyms for the term "Middle Class Populations" are "extreme poverty populations" and "wealthy high-class populations." Extreme poverty populations refer to people who suffer ...