What does time cost mean?

1. Time cost refers to the cost of the time that customers must spend to obtain the desired goods or services.

2. Time cost refers to the time cost required to reach a specific agreement.

3. Time cost not only refers to the loss of time itself, but also refers to the loss of market opportunities caused by waiting time.

4. Time cost refers to the expenses that should be paid due to the occupation or use of funds and materials in order to achieve a certain production purpose.