Acme Expected Demand for Rocket-Powered Roller Skates to Pick Up

question 46

Multiple Choice

Acme expected demand for rocket-powered roller skates to pick up during Roadrunner Season, so they built hundreds of extra pairs and stored them out of season. The excess production is:

• A) buffer stock.
• B) throughput.
• C) lagniappe.
• D) anticipation inventory.

Recognize the impact of information availability on market operations and efficiency.

Analyze the financial implications of educational investments and choices.

Identify the relationship between scarce resources and the emergence of opportunity costs.

Understand the concept of mass customization and its benefits to production efficiency and customer satisfaction.

---

Definitions:

Automatic

Processes or responses that occur without conscious thought, often as a result of learning or habituation.

Conscious Effort

Deliberate and intentional attempt to think about or do something.

Automatic Reaction

An involuntary and immediate response to a particular stimulus without conscious thought.

Gust Of Wind

A gust of wind is a brief, strong rush of wind that suddenly increases in speed before diminishing.