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The Practice of Managing and Intentionally Setting Discontinue Dates for Products

question 69

True/False

The practice of managing and intentionally setting discontinue dates for products is known as planned obsolescence.


Definitions:

Derived-Demand Inventory

Inventory levels that are influenced by the demand for the final goods or services produced by a company.

Auto Manufacturer

A company engaged in the designing, production, marketing, and selling of motor vehicles.

Corn Farmer

An agricultural professional focused on the cultivation and production of corn crops.

Auto Glass

Glass used in the manufacture of vehicle windows and windshields, specifically designed for durability and safety.

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