A kanban system requires that the process has little variability in lead time because shortages impact the entire production system
Indicate whether the statement is true or false
TRUE
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Image does not play an important role in getting the respect of others
Indicate whether the statement is true or false
Ray's shipment of materials hit every red light and traffic jam on the way to the site
Upon arrival, half of the material was judged defective, necessitating a trip back to the supplier, and then the same arduous journey back to the site once the new materials were loaded. Traffic was a little better on the second round but the flat tire and subsequent repair caused as much if not more delay than the first trip. In the final analysis: A) The project activity of Material Delivery was pretty close to the optimistic estimate. B) The project activity of Material Delivery was pretty close to the most likely estimate. C) The project activity of Material Delivery had a much higher variance than anticipated. D) The project activity of Material Delivery was pretty close to the pessimistic estimate.
The demand for industrial products and services that is driven by demand for consumer products and services is referred to as
A. derived demand. B. reciprocal supply. C. secondary marketing. D. sequential demand. E. demand elasticity.
When the forward rate is equal to the expected future spot rate, the forward rate is said to be ________ the future spot rate
A) an information signal for B) an unbiased predictor of C) a hedge for D) in parity with the expected future spot rate