4. The difference between product and service is: (a) The demand for product can be estimated to...

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4. The difference between product and service is:

(a) The demand for product can be estimated to certain accuracy whereas the demand for service is uncertain.

(b) The demand for service is deterministic whereas the demand for product is highly probabilistic and cannot be estimated.

(c) Service can be stored and product cannot.

(d) None of the above

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Production And Operations Management

ISBN: 9780071077927

1st Edition

Authors: McGraw-Hill Education India

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