Peter Was Looking for Alternatives to Double His Plant's Production

Multiple Choice

Peter was looking for alternatives to double his plant's production capacity, and he considered acquiring the production plant of a rival company. The engineers in Peter's company advised him against it because acquiring the new plant would only increase their company's production by 15 percent. Therefore, Peter's idea failed the test for _____ in the context of the rational decision-making process.

A) feasibility
B) satisfactoriness
C) bounded rationality
D) satisficing
E) escalation of commitment