COMPLETION QUESTIONS Random

question 32

Essay

COMPLETION QUESTIONS
Random
Predictive
Service Capacity
Chasing
Maximum
Optimum
Smoothing Demand
Demarketing
Reservation System
Formal Queuing System
-_____________ is the term for the activity of shifting or encouraging patronage to a time when a service's productive capacity is underutilized,and deflecting or discouraging patronage when its capacity is oversubscribed.

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Definitions:

System-1

Fast, automatic, intuitive approach of processing information, often contrasted with the slower, more deliberate reasoning of System 2.

System-2

A term used in psychology referring to the analytical and conscious mode of thinking, characterized by slower, more deliberate, and logical reasoning.

Ethical Decisions

Choices made based on moral principles and values, considering what is right and wrong.