Effective Scheduling Cannot

question 61

Multiple Choice

Effective scheduling cannot

• A)yield cost savings and improved productivity.
• B)reduce the need for expansion of facilities.
• C)improve customer service.
• D)eliminate the need to train employees.
• E)improve patient care in medical settings.

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Definitions:

Production Possibilities

The various combinations of goods and services an economy can produce given its available resources and technology.

Opportunity Cost

The price paid for not selecting the second-best choice when deciding between options.

Rancher

An individual who owns or manages a large farm, especially one used for raising cattle, sheep, or other livestock.

Comparative Advantage

The ability of an entity to produce goods or services at a lower opportunity cost than others.