The Most Powerful Component of the National Environmental Policy Act

question 62

Multiple Choice

The most powerful component of the National Environmental Policy Act (NEPA) has been the

• A) Fact that it is a constitutional amendment guaranteeing the right to a clean environment to everyone
• B) Authorization of the Council on Environmental Quality board
• C) Fact that federal agencies must take into account environmental consequences when making decision
• D) Requirement of an Environmental Impact Statement for every major federal project
• E) Distribution of authority for environmental policy among different federal agencies

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Definitions:

Batching Economies

Cost advantages gained by producing or purchasing goods in large quantities at once.

Cycle Stocks

Inventory that companies hold to meet normal sales demand, as opposed to inventory held in anticipation of peak demand or for buffering against supply chain uncertainties.

Ordering Cost

The expenses associated with placing and receiving orders for materials, including costs related to paperwork, communication, and transportation.

Inventory

The stock of goods, materials, parts, and products that a business holds to fulfill future sales or production needs.