Final answer:
Attribute Value Pricing is applied last on a given item after it is added to a valid configuration.
Step-by-step explanation:
In the context of configuring a product, the pricing that is applied last on a given item (part) after it is added to a valid configuration is Attribute Value Pricing.
Attribute Value Pricing is a pricing strategy that determines the price of a product based on specific attributes or features selected by the customer during configuration. It takes into account the customization options and any additional costs associated with those options.
For example, if a customer is configuring a laptop and chooses to upgrade the processor, graphics card, and storage, Attribute Value Pricing would calculate the final price of the laptop based on the cost of those upgraded components.
Final answer:
Attribute Value Pricing is applied last on a given item after it is added to a valid configuration.
Step-by-step explanation:
In the context of configuring a product, the pricing that is applied last on a given item (part) after it is added to a valid configuration is Attribute Value Pricing.
Attribute Value Pricing is a pricing strategy that determines the price of a product based on specific attributes or features selected by the customer during configuration. It takes into account the customization options and any additional costs associated with those options.
For example, if a customer is configuring a laptop and chooses to upgrade the processor, graphics card, and storage, Attribute Value Pricing would calculate the final price of the laptop based on the cost of those upgraded components.