Facilities Decisions

question 9

Multiple Choice

Facilities decisions:

• A)Are medium-range capacity decisions
• B)Should consider one of the five crucial questions of how much,how large,when,where,and what type
• C)Constrain all other capacity decisions
• D)Require planning for one year only

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Definitions:

Regulatory Efficiency

The extent to which regulatory policies and procedures achieve desired outcomes without unnecessary imposition of costs or complexity on businesses or individuals.

Rule Of Law

Rule of governing whereby all individuals are accountable to well-defined and established laws that are fairly enforced.

Expropriation

The act of a government taking privately owned property, typically for public use or benefit, sometimes with compensation.

Repatriation

The process of returning a person to their country of origin or citizenship, or the process of converting foreign currency into the currency of one's own country.