Question: Please answer each one with either true or false. thank you 23) The enhancement of existing products is an external product development strategy. 24) The

Please answer each one with either true or false. thank you

23) The enhancement of existing products is an external product development strategy.

24) The use of joint ventures is an internal product development strategy. Outcome: Describe major approaches to sales and operations planning

25) The risk of product development is shared in an external product development strategy approach.

26) A rapid speed of product development can be achieved using an internal product development strategy compared to an external product development strategy approach.

27) The "make-or-buy" decision distinguishes between what an organization chooses to produce and what it chooses to purchase from suppliers.

28) Group technology enables the grouping of parts into families based on similar processing requirements.

29) An engineering drawing shows a list of hierarchy of components, their description, and quantity required of each to make one unit of a product.

30) Group technology distinguishes between what the firm wants to produce and what it wants to purchase.

31) A work order is a list of the hierarchy of components, their description, and the quantity of each required to make one unit of the product.

32) A route sheet lists the operations necessary to produce the component.

33) An assembly drawing shows an exploded view of the product, usually a three-dimensional or isometric drawing.

34) An engineering change notice is issued during a production shift when a process industrial engineer is reassigned and replaced by another.

35) All Boeing 777s are built exactly alike.

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