Question: 5. Which statement below is True, and which one is False? (15 points) Statement True or False? Why? (For the ones you chose as False
5. Which statement below is True, and which one is False? (15 points) Statement True or False? Why? (For the ones you chose as False only) 5-1. A process is the transformation of inputs into outputs (goods or services) through the network of activities and potential buffers, and by the help of the resources and information. 5-2. If increased product variety is desired, a more flexible process and skills set will be required. 5-3. Occupying a different position than where a company is currently at in the competition will require making a change on more or more of the product attribute values. This is called operations frontier. 5-4. External metric refers to what a company should measure to find out if its operations and processes are leading to customer satisfaction. 5-5. Marketing, Strategy, and Operations are the 3 core functions of each organization. 5-6. Buffer is a flow unit which is waiting to go to the next step in a process 5-7. Highly specialized resources which allow for a high precision
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