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LUXURY GOODS: In economics, a luxury good is a good for which demand increases more than proportionally as income rises, in contrast to a "necessity good", for which demand is not related to income.
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This also means, however, that should there be a decline in income its demand will drop.
Income elasticity of demand is not constant with respect to income, and may change sign at different levels of income.
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Summary: With oversight from the Engineering Director or designee, accurately builds solid models of completely assembled products and detailed parts including bills of material (BOM), utilizing Solid Works software, PDM software, interfacing with LASCO ERP system.