Infant mortality refers to the high failure rate often encountered in the very e
ID: 445955 • Letter: I
Question
Infant mortality refers to the high failure rate often encountered in the very early stages of the lifetime of a product.
True False
Lead times, inventory availability, and purchase orders outstanding are among the five things operations managers must know for effective use of MRP.
True False
Vendor-Managed Inventory is a form of outsourcing.
True False
Fredrick W. Taylor is credited with introducing psychology into the workplace.
True False
Location decisions are based on many things, including costs, revenues, incentives, attitudes, and intangibles, but not on ethical considerations.
True False
Increasing inventory exposes variability in production processes.
True False
Preventive maintenance implies that we can determine when a system needs service or will need repair.
True False
Explanation / Answer
Infant mortality refers to the high failure rate often encountered in the very early stages of the lifetime of a product - True
Lead times, inventory availability, and purchase orders outstanding are among the five things operations managers must know for effective use of MRP- True (Dependent inventory model requirements)
Vendor-Managed Inventory is a form of outsourcing - True
Fredrick W. Taylor is credited with introducing psychology into the workplace-False
Location decisions are based on many things, including costs, revenues, incentives, attitudes, and intangibles, but not on ethical considerations- False
Increasing inventory exposes variability in production processes- False
Preventive maintenance implies that we can determine when a system needs service or will need repair- True