Question Completion Status: QUESTION 7 The operations function exists only in firms that are goods-oriented. True False QUESTION 8 Which of the following is not a benefit of small lot sizes in JIT systems? In-process inventory is lowered Fewer production runs are required for each product Holding costs are reduced O Less space is required for storage Increased visibility QUESTION 9 A measure of productivity which reflects a combination of some or all of the resources used to obtain a certain output is: labour productivity O machine productivity multifactor productivity materials productivity O overhead productivity Click Save and Submit to save and submit. Click Save All Ansters to save all answers. MacBook Air C 80 ga &