A characteristic of services whereby unused capacity on one occasion cannot be stockpiled or inventoried for future occasions is known as:

Question

Quizplus · Accepted Answer

Perishability is the characteristic of services that refers to the fact that unused capacity cannot be saved or used later. Unlike goods that can be stockpiled, services cannot be inventoried, and any unused capacity at one point in time cannot be stored for later use.

A Characteristic of Services Whereby Unused Capacity on One Occasion