The cook in a fast-food restaurant knows that 2 hamburger patties and an order of fries should be started for each car that is waiting in line. This is best an example of

A) Lead time
B) Kanban
C) Push production
D) Kaizen
E) EOQ

The basic aim of the Affordable Care Act was to lower the number of uninsured employees.

The situation in which fluctuations in orders increase as they move up the supply chain from retailers to wholesalers to manufacturers to suppliers is known as

A) market fluctuations.
B) the whiplash effect.
C) the bullwhip effect.
D) the butterfly effect.

Related to the Economics in Practice on page 218: A study discussed in the Economics in Practice found that NFL teams that trade two lower draft picks for one higher pick tend to ________ player productivity and therefore ________ for that pick in terms of the draft-pick trade.

A) underestimate; overpay
B) underestimate; underpay
C) overestimate; overpay
D) overestimate; underpay

Which is correct regarding tapering rates?

A) The principle is based on the carrier's ability to spread certain fixed shipment costs over a greater number of miles.
B) Transportation rates increase with distance directly in proportion to the distance.
C) In a one-source, one-market situation, the impact of the tapering rate will be to pull the location toward a point midway between the source and the market.
D) Uses transportation simplifications to recommend facility locations

An economic model is

A) a tool of logic that assumes that if event A precedes event B,A must be the cause of
B) a simplified version of reality.
C) a tool of logic that assumes that the whole is greater than the sum of the parts.
D) a larger,more complicated version of reality.