The following statements below are either TRUE or FALSE; decide which of the following are true or false. Write down your answer on the answer page, for example, $6.$ True

$6.$ Logistics is a network of related activities to manage the flow of material within the logistics channel. $($True $/$ False$)(1)$

$7.$ The logistics system is responsible for supplying the right product at the right place at the right time in the right condition for the right cost to those customers consuming the product. $($True $/$False$)(1)$

$8.$ Demand forecasting is planning and monitoring the movement or flow of raw material, in$-$process inventory and finished goods within a plant or warehouse. $($True $/$ False$)(1)$

$9.$ A balanced scorecard is a perfect tool for supply chain management and does not have any shortcomings $($True $/$ False$)(1)$

$10.$ Materials Requirement Planning is a system for managing material requirements in a manufacturing process $($True $/$ False