Utilization Is the Average Time Taken to Complete One Cycle

question 15

True/False

Utilization is the average time taken to complete one cycle of a process.

---

Definitions:

Fees

Charges or payments made for professional services, access to facilities, or other services provided by businesses or professionals.

Freemium Model

A business model where basic services are provided free of charge while more advanced features must be paid for.

Free Newspapers

are newspapers distributed without charge, often funded by advertising revenue, and aimed at increasing readership and influence.

Advertisements

Paid announcements or messages in the media, intended to inform or influence the people who receive them about products, services, or ideas.