When Amusement Parks Charge Customers for Admission and Later for Food

question 43

Multiple Choice

When amusement parks charge customers for admission and later for food and beverages, they are following a ________ pricing strategy.

• A) by-product
• B) product line
• C) penetration
• D) skimming
• E) two-part

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Definitions:

Process Operations

A type of manufacturing operation that continuously produces products or processes materials without distinct batches.

Continuous Flow

A production method used to manufacture, produce, or process materials without interruption.

Production Activity

The process of transforming raw materials into finished goods or services.

Work in Process

Goods that are in various stages of production within a manufacturing process but are not yet completed products.