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NIST-PAPs: Develop Common Specification for Price and Product Definition (Aug. 4)
Author:
NIST
Year:
2009
Abstract:

Price is more than a number. Price is a number associated with product characteristics. Already identified product characteristics include delivery schedule, quality, environmental characteristics, and regulatory characteristics. A common specification for price is a precursor to new market developments, to demand response, to distributed energy resources, to understanding meter information, and to every other hand-off between domains.

Document Type:
Report
Source:
NIST