Question: Please answer with a reason for false statement and appropriate way for numericals. Thanks! False/True (Each 5 point) (The correct answer of the 'False items


Please answer with a reason for false statement and appropriate way for numericals. Thanks!
False/True (Each 5 point) (The correct answer of the 'False items should be presented) 1. JIT/lean systems minimize finished product inventory but have a greater reliance on work-in-process inventory. 2. A Kanban card is used to signal that work is ready to be moved to the next station. 3. Capacity decisions often involve a long-term commitment of resources which, when implemented, are difficult or impossible to modify without major added costs. 4. As utilization increases the number of jobs/people waiting in an operating system decreases. Computational question 5. A firm is considering three capacity alteratives: A, B, and C. Alterative A would have an annual fixed cost of $110,000 and variable costs of $22 per unit. Altemative B would have annual fixed costs of $120,000 and variable costs of $20 per unit. Alternative C would have fixed costs of $90,000 and variable costs of $30 per unit. Revenue is expected to be $50 per unit. (60) (1) Which alternative has the lowest break-even quantity? (1) Which alterative will produce the highest profits for an annual output of 10,000 units? (iii) Which alternative would require the lowest volume of output to generate an annual profit of $50,000? 6. Regarding the following information, how many machines would be needed to handle the required volume? (20) product 1 2 3 4 demand 16000 12000 6000 30000 Processing time per unit (minute) A B 3 4 2 4 4 3 5 6 4 2 2 1 In order to meet annual demand for all products, how many machines in each type are needed? Based on fixed annual cost (Alternative A with $40,000, B with $30,000 and C with $80,000), which type of machine and how many will cost least to satisfy the demand? Consider the operation of machines 10 hours per day and 200 days a yearStep by Step Solution
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