A ___________ Is an Up-And-Down Movement in Demand That Repeats

question 93

Multiple Choice

A ___________ is an up-and-down movement in demand that repeats itself over a period of more than a year.

• A)trend
• B)seasonal pattern
• C)random variation
• D)cycle

---

Definitions:

Production Runs

The process of manufacturing a certain quantity of products in a continuous sequence without interruptions.

Short Turnaround

The quick completion or response time between initiating a process and its completion, often used in reference to projects or delivery of services.

Perceived Scarcity

A situation where consumers believe that a product or resource is scarce, which can increase its value and demand, regardless of its actual availability.

Overnight Ground Service

A shipping service that promises delivery of packages to their destination the next business day via ground transportation.