Respond that the following statements are true or false:

1. The job of operations and supply chain strategy is to deliver the most feature rich, highest quality product at the lowest price within specified parameters of delivery time and customization.

2. Productivity is a relative measure.

3. In a partial measure of productivity the denominator of the ratio would include all resources used or all inputs.

4. Once an operations strategy is adopted and articulated, the primary emphasis becomes perfecting the system of activities that make up the strategy through detailed refinements over a long period of time

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