15. At a decision point in a decision tree, which machine would you select when trying to maximize payoff when the anticipated benefit of selecting machine A is $45,000 with a probability of 90%; the expected benefit of selecting machine B is $80,000 with a probability of 50% and the expected benefit of selecting machine C is $60,000 with a probability of 75%? A. Machine A B. Machine B C. Machine C D. You would be indifferent between machines A and C E. You would be indifferent between machines A and B 16. Just-In-Time seeks to achieve high volume production using which of the following? a. Minimal inventory of raw materials b. Minimal inventory of work-in-process c. Minimal inventory of finished goods d. All of the above e. None of the above 17. Lean Management is closely associated with which of the following? a. Big JIT b. Little JIT c. Honda Motor Company d. All of the above e. None of the above 18. You want to determine how many kanban card sets you need for an operation. You find that average number of units demanded is 1,000 per hour, the lead time to replenish the order for this item is 10 hours, the container size is 10 units, and the safety stock is estimated to be 5% of the expected demand. Which of the following is the desired number of kanban card sets? a. 1050 b. 1000 c. 605 d. 500 e. None of the above 19. Which of the following are related to lean production? A. A philosophy of waste elimination B. Lean consumption C. Never running out of inventory D. The Waebi-Sabrau method E. Full use of capacity