Examlex
Which of the following is not a fundamental difference between manufacturing and service operations?
Wider Selection
A broader array of choices or options available in a specific context, such as products, services, or goods.
Price Inelastic
Describing a situation where the demand for a product does not significantly change with a change in the product's price.
Price Elastic
A measure of how the quantity demanded of a product or service changes in response to a change in its price.
Sales Volume
The total quantity of goods or services sold within a specific period, often used as an indicator of business performance.
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