According to the Marginal-Cost-Marginal-Benefit Rule

question 234

Multiple Choice

According to the marginal-cost-marginal-benefit rule,

• A)only government projects (as opposed to private projects)should be assessed by comparing marginal costs and marginal benefits.
• B)the optimal project size is the one for which MB = MC.
• C)the optimal project size is the one for which MB exceeds MC by the greatest amount.
• D)project managers should attempt to minimize both MB and MC.

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Definitions:

Global Supply Chains

Supply chain operations that involve production and delivery activities spread over different countries, offering advantages like cost reduction and access to new markets but also presenting complex challenges.

Transit Times

The duration it takes for goods to be transported from one point to another, often considered in the selection of shipping methods.

Disruptions

Events or activities that cause a disturbance or interruption in normal operations or supply chain activities.