Which of the Following Activities Is Least Likely to Give

question 112

Multiple Choice

Which of the following activities is least likely to give rise to external costs or benefits?

• A) spraying to control mosquitos in your backyard
• B) driving one's car during rush hour
• C) inoculating your children during a flu epidemic
• D) buying a hamburger and eating it for lunch

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Definitions:

TPS

An acronym for Toyota Production System, a methodology that aims to increase efficiency by eliminating waste and improving production processes.

Inventory

The total amount of goods and materials held by a company at a given time, including raw materials, work-in-progress, and finished goods.

JIT Scheduling Tactics

Just-In-Time scheduling strategies that aim to improve manufacturing and inventory efficiency by receiving goods only as they are needed in the production process, reducing waste.