Question: 2. Throughput Time consists of: A. Process Time. B. Inspection Time and Move Time. C. Process Time, Inspection Time, and Move Time. D. Process Time,

2. Throughput Time consists of: A. Process Time. B. Inspection Time and Move Time. C. Process Time, Inspection Time, and Move Time. D. Process Time, Inspection Time, Move Time, and Queue Time. 3. Which of the following statements is FALSE A. Only future costs that differ between alternatives are relevant in decision making. B. The book value of a machine, as shown on the balance sheet, is not relevant in a decision concerning the replacement of that machine by another machine. (ignore taxes.) C. Fixed costs may or may not be relevant in decisions about whether a product should be dropped D. A cost that can be avoided by choosing one altermative over another is not relevant for decision purposes

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