Cost-Benefit and Cost-Effectiveness Analyses ______

question 22

Multiple Choice

Cost-benefit and cost-effectiveness analyses ______.

• A) focus on internal and external validity, respectively
• B) focus on external and internal validity, respectively
• C) are examples of the evaluation of need
• D) are examples of the evaluation of efficiency

---

Definitions:

Industrial Fiber

Materials, often synthetic, used in the manufacture of products requiring strength, durability, or specific technical properties, such as textiles and composites.

Bottleneck

A point of congestion in a production system that occurs when workloads arrive too quickly for the production process to handle, impairing the efficiency of the system.

Constrained Resource

A limited resource within a production process that restricts the company's ability to produce more goods or services.

Profitable Use

An application or deployment of resources in a manner that generates financial gain or returns above the initial cost.