Which One of the Following Approaches for Scheduling Customer Demand

question 141

Multiple Choice

Which one of the following approaches for scheduling customer demand would be appropriate for a dentist?

• A)backlogs
• B)reservations
• C)service on demand
• D)appointments

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Definitions:

Wage Flexibility

The ease with which wages can adjust to match the supply and demand for labor, helping in the correction of labor market imbalances.

Full Employment

A situation in which all available labor resources are being used in the most economically efficient way, typically marked by the absence of cyclical unemployment.

John Maynard Keynes

A British economist whose theories on the causes of prolonged unemployment and the role of government intervention in economies formed the basis of Keynesian economics.

Full Employment

A condition in the economy where all potential labor forces are utilized in the most economically effective manner.