In the following table, indicate whether you agree or do not agree with the following statements.

An aggregate production plan:				Yes	No
1			Usually, gives the quantities to produce each week
2			Has the objective of minimising all costs including overhead cost
3			Has the objective of minimize hiring and layoffs
4			Requires some certain level of aggregation of products and resources
5			Should take into consideration holidays and summer vacations
A materials requirement plan:
6		Takes into consideration forecasted demands and received orders
7		Should take into consideration inventory on hand and previously placed orders
8		Implicitly considers capacity constraints
9		Seeks to minimize the sum of inventory holding and ordering costs
10		Is frequently used by shipyards all over the world
A fixed review interval inventory management system:
11			Seeks to determine the quantities to order each week
12			Always order the same quantity
13			Is designed to limit the stockout probability
14			Is not used to determine the requirements of raw materials
15			Monitor inventory level to make sure that no stockout may occur
Miscellaneous:
16	Safety stock is needed to avoid production interruptions
17	Third party logistics providers help to improve distribution efficiency
18	The cost of quality control effort is inversely proportional to the cost of repair under warrantee
19	The most important factor in locating a production facility is labor availability
20	Logistics is the art and science of obtaining materials and products in the proper place and in proper quantities