Which of the Following Is not a Service Design Technique

question 86

Multiple Choice

Which of the following is not a service design technique used to reduce cost?

• A) increasing customer interaction
• B) delaying customization
• C) automation
• D) modularizing the product
• E) reducing customer interaction

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Definitions:

Input Price

Input Price refers to the cost of resources used in the production of goods or services, including materials, labor, and overhead, which can affect production costs and pricing strategies.

Output Price

The price at which a product or service is sold, often determined by market conditions or regulation.

Marginal Revenue Product

The additional revenue generated from using one more unit of a factor of production, holding all other factors constant.

Input X

Represents a variable or factor in production or another economic model, signifying a specific input or resource used in a process.