Identify True or False. Statement Tor F 1. Estimations with larger MAD values are more accurate than lower ones. 2. After Forecasting, it comes to planning of the production for shop floor level. 3. If you take the derivative of the total cost function of inventory cost, you obtain the EOQ or EPQ. 4. You do not have deal with shortages in Newsvendor Model. 5. Newsboy model deals with one period only. 6. (Q,r) models deal with stochastic demand and are more suitable for real life. 7. Normal distribution may not be used in EOQ. 8. If we reduce inventory, we have larger opportunity costs. 9. Zero inventory plan assumes fixed labor force in aggregate planning. 10. EOQ models have cost functions that are affected little by larger changes. 11. Multiplying the demand for cars by 4 for tire production is related to the explosion philosophy. 12. If you have uniform distribution for demand, you cannot calculate order quantity in Newsboy model. You should have either Normal or discrete. 13. You cannot estimate for period & if you are using MA(7). 14. You cannot estimate for period 8 if you are using MA(8). 15. You cannot estimate for period & if you are using MA(9). 16. If you increase the holding cost by 50%, your EOQ will decrease by 100%. 17. It is a coincidence to have holding cost equal to ordering cost in EOQ. 18. Among lot sizing algorithms, part period balancing gives you the best solution. 19. Shop floor scheduling is the final stage of production planning hierarchy. 20. If you take the square of MAD, you obtain MSE