GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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04:56 Jun 25, 2004 |
English language (monolingual) [PRO] Tech/Engineering - Engineering (general) | |||||||
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| Selected response from: Ramesh Madhavan Local time: 01:12 | ||||||
Grading comment
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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4 +5 | Weight (in Tonnes) of acceptable quality |
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4 | tons of the product being studied |
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tons of the product being studied Explanation: between $XX and $XX on qualification tonnage |
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Login to enter a peer comment (or grade) |
Weight (in Tonnes) of acceptable quality Explanation: The word "Qualification" is often used in many countries to mean "Acceptable Quality". There must be some portion of the supply which will inevitably be rejected. May be, this is specified in the deal (like 1% rejection or 2% rejection is acceptable etc..). The buyers are accepting this situation and looking at what savings they will make on the quantity of acceptable supplies. |
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Grading comment
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