Prior to management's negotiations with CDL Credit, management wants you to consider the following changes: • Holding an upfront reserve to cover future expenses. This reserve will be initially set to best estimate future expenses and amortized over a ten-year period of time. • Increase the inactivity period to 48 months prior to forfeiting miles. • Extend the contract to five years. All rates and plan provisions will be locked in

Answer rating: 100% (QA)

The proposed changes outlined by management for negotiations with CDL Credit involve several adjustments to the existing terms and conditions of the c... View the full answer