2. All the statements below are incorrect statements. Briefly explain why each one is incorrect, or what wording changes makes it a correct statement (use the last column of the table below) (30 points) Statement Why this is a False Statement? (What change makes it correct?)

2-8 A business which stands on the operational frontier of its product attributes, is a business that offer the best on all of the 4 product attributes as compared to its competitors

2-9 Operations Management is about the transformation of inputs into outputs of the processes, and is about techniques to reduce inventory, throughput, and Flow Time

2-10 Extra-processing refers to producing more than what is needed

2-11 When a flight gate is changed in the last moment and you have to walk to a new gate to catch your flight, the type of waste incurred is wait

2-12 Wastes must be avoided at any price, as they are costly for a business

2-13 The path with the smallest number of resources is taking the longest to complete, and therefore is called the Critical Path

2-14 Buffer is an input to a process

2-15 Littles Law includes a relation between the flow unit, throughput, and inventory