Because Our Snap Judgments Are Probably "Good Bets," the Tendency

question 156

Multiple Choice

Because our snap judgments are probably "good bets," the tendency to use heuristics and intuition might be considered

• A)a maladaptation.
• B)a failure of cognitive miserliness.
• C)adaptive.
• D)too risky to use.

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Definitions:

Manufacturing Cycle Efficiency

A measure of the efficiency of the production process, typically calculated as the value-added time as a proportion of the total throughput time.

Value-Added Time

The duration during which a product or service is being modified or enhanced to increase its value to the customer.

Throughput Time

The elapsed time from when production is started until finished goods are shipped.

Factory Floor

The operational area within a manufacturing plant where goods are actually produced, typically housing machinery, assembly lines, and workers.