Question: For the following statements, please indicate whether each is Correct correct the statement. Hint: Please focus on bold part and if you state that the

For the following statements, please indicate

For the following statements, please indicate whether each is Correct correct the statement. Hint: Please focus on "bold" part and if you state that the statement is incorrect, replace part with the correct version. Each part is (2 pts). a. Frequent design changes is an important OM strategy/issue during the maturity stage of the product life cycle Correct/Incorrect? If incorrect, write the correct version. b. Three basic competitive strategy alternatives for a firm are differentiation, cost, and response. Correct/Incorrect? If incorrect, write the correct version. c. The goal of assembly line balancing is to minimize the efficiency of the line. Correct/Incorrect? If incorrect, write the correct version. d. In Pull systems, the work release is based on forecasted demand. Correct/Incorrect? If incorrect, write the correct version. e. For an industry, low relative productivity makes it highly likely to be competitive to foreign industries. Correct/Incorrect? If incorrect, write the correct version. f. The goal of mass customization is to produce standardized products at high amounts. Correct/Incorrect? If incorrect, write the correct version

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