QUESTION 19 Low volume, highly flexible equipment and skilled workers is typical of which classic process design. O production line continuous flow process job shop fixed position QUESTION 20 A periodic review system is typically when there are fixed order intervals and variable order sizes. True False QUESTION 21 Inventory is a potiential source of waste True False QUESTION 22 Hedge inventories are stock which is held onto as a buffer against some anticipated event. O True False QUESTION 23 Executive opinions, Sales force composite and Consumer surveys are examples of Qualitative approach to forecasting. True False