In the Theory of Constraints, the Only Direct Costs Are

question 88

Multiple Choice

In the theory of constraints, the only direct costs are:

• A)investment costs
• B)direct material
• C)direct material and direct labor
• D)direct material, direct labor, and variable overhead costs

---

Definitions:

Heuristics

Mental shortcuts or rules of thumb that simplify decision making, often leading to a quick but imprecise solution.

Ponzo Illusion

An optical illusion where parallel lines appear to converge, demonstrating how context influences perceptual size evaluation.

Social Contract Theory

A theory in political philosophy that posits the legitimacy of the authority of the state over the individual is grounded in a hypothetical contract between them.

Wason Selection Task

A logical puzzle used as a test in psychology to study conditional reasoning and confirmation bias.