True/False Indicate whether the statement is true or false. 1. The following is a counterargument to some of the "usual answers" as to why American manufacturing is in decline: Growth of government regulation, taxes, etc.-some economies (e.g., Sweden) have a much higher taxation and heavier regulation than the U.S. 2. The following is a counterargument to some of the "usual answers" as to why American manufacturing is in decline: Advent of unusually high capital costs caused by high inflation. European inflation (except Germany's) has generally been higher than that in the United States. If it is none of the above, what else is left? Bad management! 3. Zero setup time allows flexibility in batching (i.e., lot sizes of one). 4. Zero setup time enables the plant to match production to demand without maintaining large stores of finished goods inventory. 5. In all but the smallest systems, the MRP calculations are impractical without a computer. 6. MRP did not appear until the 1960's and 1970's when computers became available for business purposes. 7. Unfortunately, because these early computers were not powerful the calculations had to be kept quite simple, which was done by means of the infinite capacity assumption of MRP. 8. The master production scheduling module may be adjusted according to rough-cut capacity planning