Please answer the following true or false questions.

1. Lead time has an inverse relationship with demand. True/ False

2. Demand has an inverse relationship with price. True/ False

3. You can run a system above 100% capacity utilization without lead time increasing. Think in terms of basic math where capacity utilization is sales / maximum number of units that can be produced. True/False

4. Production costs tend to decrease during the high-tech lifetime of an item. True/False

5. Inventory can reduce lead time. True/ False

6. Price is the only factor that impacts demand. True/False

7. Revenue management involves setting prices for customers. True/ False

8. "Key advantages for US manufacturing are good logistics, flexible labor, large market, and relatively low energy cost." True/False

9. Inventory can hide quality problems. True/False

10. Product improvements can impact demand. True/ False