At the Beginning of a Semester,a Group of Five Students

question 78

Multiple Choice

At the beginning of a semester,a group of five students (Jim,Andy,Beth,Brandy,and Duane) were asked to order a snack that the teacher will deliver to the students free of charge before the first class of the tenth week of the semester.The three choices were an apple,a banana,or a Snickers candy bar.The teacher collected the orders and found that two students ordered an apple,two students ordered a banana,and one student ordered a Snickers candy bar.The four students who ordered either an apple or a banana cited health consciousness as the reason for their choice.
Immediately before the orders are scheduled to be delivered,the teacher informs the students that they can switch their choices and order something else from the original menu if they wish,or they can receive what they originally ordered.Which of the following scenarios is the best example of inconsistent intertemporal decision-making?

• A) Jim originally ordered an apple and did not change his choice when prompted.
• B) Andy ordered a banana and switched to an apple when prompted.
• C) Beth ordered an apple and switched to a banana when prompted.
• D) Brandy ordered a banana and switched to a Snickers candy bar when prompted.
• E) Duane ordered a Snickers candy bar and did not change his choice when prompted.

---

Definitions:

Sustainable Supply Chain

A supply chain management approach that incorporates ecological and social considerations into all stages of the supply chain.

Sustainability Standards

Guidelines and criteria designed to promote environmentally responsible and socially equitable business practices within industries.

Inbound Logistics

The process of receiving, handling, and storing goods that are coming into a business from suppliers.

Physical Distribution

The activities involved in moving a product from the point of production to the point of consumption, including transportation, warehousing, and inventory management.