Characteristics of Service Technology Include All of the Following Except

question 17

Multiple Choice

Characteristics of service technology include all of the following except:

• A) longer response time is acceptable.
• B) labor- and knowledge-intensive.
• C) customer interaction is generally higher.
• D) quality is perceived and difficult to measure.

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Definitions:

Machine-hours

A measure of the amount of time a machine is used for production, often used in allocating manufacturing overhead based on usage.

Markup

The amount added to the cost price of goods, to cover overhead and profit, determining the selling price.

Overhead Applied

The allocation of overhead costs to specific jobs or activities based on a predetermined rate.

Job P505

This likely refers to a specific job or project identifier within an organization or accounting system but without context, its specific significance can vary.