_____ Is the Degree to Which Products or Their Effects

question 52

Short Answer

_____ is the degree to which products or their effects can be sensed by other consumers.

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Definitions:

Setup Costs

Expenses associated with preparing equipment, systems, or processes for a new production run or activity.

Lead Time

The time interval from when an order is placed until it is received and available for use or sale.

MPS

Master Production Schedule, a plan for individual commodities to be produced in each time period, such as production, staffing, inventory.