Question: True/False Statements: Specify which statement is True or False in the table below. For those you specify as a false statement, very briefly explain why

True/False Statements: Specify which statement is True or False in the table below.

For those you specify as a false statement, very briefly explain why they are incorrect, and/or what change makes them a correct statement (15 points)

#

Statement

True or False? (T/F)

If you chose False, why?

1

Idle resources could be an indicator of an external bottleneck

2

When there is large gap between the effective capacity and the theoretical capacity of a resource, it is an indication of a well-utilized resource.

3

A critical path is the one that has the most number of steps

4

Total flow time of a process is sum of the inventories of all the steps in that process

5

A way to increase the process throughput is to reduce the duration of it

6

Throughput of a process may be limited by internal and/or external bottlenecks

7

demand rate, throughput, capacity, and processing rate all have the same units

8

Takt time, and unit load both have the same units

9

Utilizing a process with low flexibility to get a few standard products in large volumes will lead to out of pocket costs

10

Theoretical flow time and theoretical capacity are similar, in that both of them are never smaller than the actual values for flow time and effective capacity.

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