Definitions (3)
1. General: Clearly defined starting point (point of departure) from where implementation begins, improvement is judged, or comparison is made.
2. Contracting: Basic proposal submitted in response to a request for proposals (RFP). See also acquisition program baseline, contract budget baseline, and performance measurement baseline.
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Real Returns in the Textile Business
Over the years, we had the option of making large capital expenditures in the textile operation that would have allowed us to somewhat reduce variable costs. Each proposal to do so looked like an imme ... Read more
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