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Marlow Company makes bulk quantities of cleaning fluids. They currently sell 1,200 containers a month at a price of $23.75 per unit. If they add a new scent, they could charge $25 per unit for the improved product. It would cost them a total of $800 per month to make that alteration. If they decide to process further, it will improve their operating income.
Medium-Term Stores
Describes a stage in the memory process where information is held for a period longer than short-term memory but is not yet transferred to long-term memory.
Sensory
Relating to sensation or the physical senses; transmitting or perceiving stimuli or sensory information.
Long-Term Stores
Another term for long-term memory, it refers to the component of the memory system capable of storing large amounts of information indefinitely.
Short-Term
Pertaining to a limited time period, often implying immediacy or temporary nature.
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