Transaction Drivers,duration Drivers,and Intensity Drivers

question 82

Essay

Transaction drivers,duration drivers,and intensity drivers.
a.For machine maintenance,identify a transaction driver,a duration driver,and an intensity driver.
b.Explain when the intensity driver should be used.
c.Explain the conditions that are assumed when the duration driver is used.

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Definitions:

Market

A system or place where buyers and sellers interact to trade goods, services, or assets.

Legally Purchase

Refers to buying goods or services in accordance with the law.

Internet Shopping

The act of purchasing goods or services via the internet through online retailers and marketplaces.

Competitive Market

A market structure characterized by many buyers and sellers, such that no single entity can dictate prices or terms of sale.