Examlex
Which of the following is NOT a trend in operations management?
Useful Life
The estimated time period that an asset is expected to be used before it is fully depreciated.
Selling Price
The amount of money charged for a product or service, or the sum the consumer must pay to purchase it.
Value-based Pricing
A pricing strategy where the price of a product or service is determined by the perceived value to the customer rather than the cost of production or market prices.
Forklift
A powered industrial vehicle used to lift and move materials over short distances.
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