Question: HEY ARE CORRECT. 1. Inventory can be defined as anything held for future use. 2. A project network may have multiple critical paths. 3. A

HEY ARE CORRECT. 1. Inventory can be defined as
HEY ARE CORRECT. 1. Inventory can be defined as anything held for future use. 2. A project network may have multiple critical paths. 3. A technology that tracks, documents, and verifies by adding "blocks" of information after each transaction is known as blockchain. 4. A bull stock market creates the bullwhip effect in supply chains. 5. Keiretsu is a Japanese term for the push system in a production process. 6. Products or components that are no longer raw materials but have yet to become finished products are known as MRO inventory. 7. Drop shipping is a practice to save time and shipping costs in a supply chain. 8. Postponement is an agreement between a supplier and manufacturer to delay payments to allow time for the manufacturer to sell its product and pay the supplier for the material purchased. 9. Global optimization is a practice by a member of a supply chain to optimize its global operations by focusing on maximizing its profit or minimizing its own costs. TF 10. ABC analysis is a method for dividing on-hand inventory into three groups based on annual dollar volume

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