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

For those you specify as a false statement, in 1-2 lines explain why they are incorrect, and/or what change makes each a correct statement (13 points)

#	Statement	True or False? (T/F)	If you chose False, why?
1	Reduced duration of the processes is always preferred over longer durations (assume that quality or other aspects of the process outcome will not be impacted by the reduced duration)
2	Equipment downtime percentage can impact the wait time for the customers, and can accordingly lead to a reduced rating of the service quality
3	The average time it takes for the flow units to flow through the process is called Throughput
4	Increased wait time leads to increased quality of a service or outcome of a process
5	Percentage of the times manufacturing equipment spends in downtime is an internal metric
6	Attempting to obtain a high variety of outcomes through a process with low flexibility leads to opportunity costs
7	The maximal time that each process resource can devote to a flow unit to keep up with the demand is called the process Flow Time
8	The desired direction to improve a process includes reducing the process flow time, and increasing the throughput and inventory