The Theory of Constraints Has a Goal of Maximizing Flow

question 44

True/False

The theory of constraints has a goal of maximizing flow through the entire system.

---

Definitions:

Average Social Cost

The total cost to society of producing an additional unit of a good or service, including both private costs and any external costs.

Supply Curve

Relationship between the quantity of a good that producers are willing to sell and the price of the good.

Trucking Services

Businesses that provide transportation of goods via motor vehicles such as trucks over short or long distances.

Pollutants

Substances that cause pollution, contaminating the air, water, and soil, and potentially causing harm to ecosystems and human health.