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Describe Methods Used to Extend Life Cycle of a Product

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Describe methods used to extend life cycle of a product.


Definitions:

Unit Sales

The total number of individual items or units sold within a specific timeframe.

Quality

The degree to which a product or service meets or exceeds customer expectations, often used as a key indicator of value and reliability.

Logistics

The detailed organization and implementation of a complex operation, often referring to the process of coordinating and moving resources like materials, equipment, and inventory.

Transportation

The action of moving goods or individuals from one location to another through various modes such as road, rail, air, or sea.

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