Question: For each statement, clearly mark whether it is True (T) or False (F). Also include a brief statement justifying your answer, regardless of whether it

For each statement, clearly mark whether it is True (T) or False (F). Also include a brief statement justifying your answer, regardless of whether it is T or F. You will be given 0.5 point for the T/F and 0.5 point for the reasoning and/or calculation. Companies are either pr oducing goods or delivering services. This means that only one of the two types of operations management strategies are used. The best forecast is the one with the highest MAPE. Service often requires greater labor content, whereas manufacturing is more capital intensive. A naive forecast for March sales of a product would be equal to the forecast for February. One popular productivity measure of universities is to study the number of journal articles published by faculty members. Let's use this measure to compare LAU to AUB. The number of journal articles published by LAU faculty in 2018 is 254 while the number of full-time faculty at LAU is 318. The number of journal articles published by AUB in 2018 is 1,065 while the number of full-time faculty at AUB is 903. We will assume that both institutions require 1,500 working hours per faculty per year. Conclusion: LAU has a better labor productivity

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