Which statement about the service output of waiting time is most likely true?
A) Waiting time demands are usually low for post-sales service.
B) An end-user's demand intensity for quick delivery rarely changes.
C) Longer waiting times are typically compensated with lower prices.
D) Waiting time refers to the time between manufacturing and marketing.
E) Waiting time demands when purchasing new equipment are usually very high.

Question

Quizplus · Accepted Answer

Longer waiting times are often compensated with lower prices to maintain customer satisfaction and encourage purchases despite the delay. This is a common practice in various industries, where a discount or a lower price is offered as a form of compensation for the inconvenience caused by longer waiting times.

Which Statement About the Service Output of Waiting Time Is