The Process with the Least Capacity Is Called a Bottleneck

question 77

True/False

The process with the least capacity is called a bottleneck if its output is less than market demand.

---

Definitions:

Jensen's Measure

A performance evaluation tool that measures the excess return a fund generates over its expected return, given its risk level.

Risk-Free Return

The return on an investment that is guaranteed not to result in any loss, often associated with government securities.

M2 Measure

A broad measure of money supply that includes cash, checking deposits, savings deposits, money market securities, mutual funds, and other time deposits.

Risk-Free Return

The theoretical return on an investment with zero risk, often associated with government bonds or treasury bills.