Which of the Following Would Not Be a Customer Cost

question 113

Multiple Choice

Which of the following would not be a customer cost considered in determination of product value?

• A) Product's purchase price
• B) Time spent purchasing the product
• C) Effort spent purchasing the product
• D) Benefits received in the exchange for the products
• E) Risk of purchasing the product

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Definitions:

Quality Requirement

Quality requirement refers to the specific criteria that a product or service must meet to satisfy customer needs or industry standards.

Incoming Parts

Components or materials received by a company that are intended for use in the manufacturing process.

Kanban System

A workflow management method originating from Japan, designed to help visualize work, maximize efficiency, and improve agility by using cards to signal the need to move materials or perform tasks.