A Customer's Zone of Indifference Exists Because of Which Special

question 46

Multiple Choice

A customer's zone of indifference exists because of which special characteristic of services?

• A)Intangibility
• B)Heterogeneity
• C)Perishability of output
• D)Simultaneous production and consumption of services
• E)Difficulty in evaluating services

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Definitions:

Computer Simulation

The use of software to create a virtual model of a real-world system or process to study its behavior under various conditions.

Random Number Intervals

Ranges generated through a stochastic process, used in simulations and statistical sampling to represent uncertain outcomes.

Random Numbers

Numbers generated in a sequence such that each number's appearance is without pattern and unpredictable, often used in statistical sampling and computer simulations.

Computer Simulation

A method that uses algorithms and computational models to replicate complex systems and study their behavior under various conditions.