Railroads Continue to Increase Their Share of Freight Traffic

question 13

Multiple Choice

Railroads continue to increase their share of freight traffic.

• A) Conservatives see this as a triumph of greater competition within the transportation sector.
• B) Liberals claim this is due to lower energy costs.
• C) Radicals see this as a result of monopoly pricing.
• D) Conservatives, Liberals, and Radicals agree that this is the result of ending the experiment with deregulation.

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Definitions:

Process-Oriented Layout

A facility arrangement strategy where resources are grouped based on similar processes or functions, supporting operational flow in process-focused environments.

Production Time

The period required to complete the manufacturing process of a product, from start to finish.

Theoretical Minimum

The lowest possible amount of energy that a quantum mechanical physical system may have.

Product-Oriented Layout

An arrangement of resources in a production facility where equipment and staff are positioned according to the sequence of operations.