situation that occurs when a service provider is available but there is no demand is referred to as

Question

Quizplus · Accepted Answer

Idle production capacity refers to a situation where a service provider is available but there is no demand. This can lead to inefficiencies and potential losses for the service provider. Off-peak pricing refers to a pricing strategy used to encourage demand during slow periods, while static demand refers to a consistent level of demand over time. Capacity management involves matching supply with demand to ensure efficient use of resources, and excess inventory is a situation where there is more inventory than demand.

Situation That Occurs When a Service Provider Is Available but There