Question: Using the ABC classification system for inventory, which of the following is a true statement? a . The A items are of low

Using the ABC classification system for inventory, which of the following is a true statement?
a. The "A" items are of low dollar volume.
b. The "A" items are of high dollar volume.
c. Inexpensive and low usage items are classified as "C" no matter how critical.
d. The "C" items are of moderate dollar volume.
e. You should allocate about 50% of the dollar volume to "B" items.
Compared with a service operation, which of the following is correct for a manufacturing operation's capacity?
a. More capable of reacting to demand fluctuations.
b. Utilization more directly impacts quality.
c. Subject to more volatile demand fluctuations.
d. More deperident on time and location.
e. Demand can be smoothed by inventory policies.
Design of experiments is a statistical methodology often used in Six Sigma projects. It aims to accomplish whi ollowing?
a. Report defects to management on a Pareto chart.
h. Eliminate defects by finding out whom or what is causing them
 Using the ABC classification system for inventory, which of the following

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