Question: 4. True/False Statements: Specify which statement is True or False in the table below. For those you specify as a false statement, in a few

4. True/False Statements: Specify which statement is True or False in the table below. For those you specify as a false statement, in a few words please explain why they are incorrect, and/or what change makes them a correct statement

6

The time that it takes for a flow unit from the start to the end of the process is called the Takt Time

7

Flow Time is an indicator of the process speed (A higher Flow Rate indicates a faster speed in generating outcomes).

8

Product or service response time is one of the product attribute that generally matters to any customer

9

3D printers are an example of a highly specialized process architecture that can generate highly customized and unique outcomes in low volumes

10

Operations frontier the firms product portfolio as measured along the product attributes

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