5. True/False Statements: Specify which statement is True or False in the table below. For those you specify as a false statement, in 1-2 lines explain why they are incorrect, and/or what change makes each a correct statement (12 points) # Statement True or False? (T/F) If you chose False, why? 1 Inventory of a process refers to the average number of flow units that have entered the process boundary and have not exited yet. 3 The average time it takes for the flow units to flow through the process is called Throughput 4 Google Review rating of a product is an internal metric, while the customer retention rate is an external metric 5 Percentage of the times manufacturing equipment spends in downtime is an internal metric 6 Attempting to obtain a high variety of outcomes through a process with low flexibility leads to opportunity costs 7 The time that it takes for a flow unit from the start to the end of the process is called the Takt Time 8 Flow rate is an indicator of the process speed (meaning that a higher flow rate indicated a faster process in generating outcomes).