Hans Can Do 4 Loads of Laundry Per Hour,and He

question 127

Multiple Choice

Hans can do 4 loads of laundry per hour,and he can type 6 pages per hour.Maria can do 12 loads of laundry per hour,and she can type 8 pages per hour.In any given amount of time,_____.

• A)Maria has both an absolute and a comparative advantage in typing
• B)Maria has both an absolute and a comparative advantage in doing laundry
• C)Maria has a comparative advantage in both typing and doing laundry
• D)Hans has both an absolute and a comparative advantage in typing
• E)Hans has an absolute advantage in doing laundry

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Definitions:

Throughput

The quantity of goods and materials passing through a system or process in a given period, often used to measure the efficiency of production processes.

Inventory Rate

The speed at which inventory is sold or used over a particular period, often indicating the efficiency of inventory management.

Review Interval

The scheduled period between evaluations of a process, system, or performance, allowing for adjustments and improvements.

Safety Inventory Levels

Quantities of stock kept on hand to protect against variability in demand or supply, ensuring product availability.