Question: Statement Tor F 1. JIT emphasizes continuous improvement, respect for people, and standard work practices I 11 2. Different from JT, Lean operations externally focused

Statement Tor F 1. JIT emphasizes continuous improvement, respect for people, and standard work practices I 11 2. Different from JT, Lean operations externally focused on the customer 3. Quantitative Methods are used when situation is vague and little data exist 4. Predict sales of existing products and services is called Demand forecasting 5. Predicting the rate of technological progress is called Economic forecasting

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