A Situation That Occurs When a Service Provider Is Available

question 194

Multiple Choice

A situation that occurs when a service provider is available but there is no demand is referred to as

• A) off-peak pricing.
• B) idle production capacity.
• C) static demand.
• D) capacity management.
• E) excess inventory.

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Definitions:

Market Researchers

Professionals who study market conditions to examine potential sales of a product or service.

Preferences

Individual choices or selections from a set of available options, often reflecting personal tastes, desires, or values.

Respondents

Individuals who answer questions or provide data as part of a survey or study.

Skew

A measure of the asymmetry of the probability distribution of a real-valued random variable, indicating how much a distribution is shifted or skewed to one side.