Which of the Following Statements Is Not True

question 150

Multiple Choice

Which of the following statements is not true?

• A)JIT manufacturing strives for zero inventories.
• B)JIT manufacturing strives for zero defects.
• C)JIT manufacturing uses manufacturing cells.
• D)JIT manufacturing utilizes long lead time and few deliveries.

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Definitions:

Regression Technique

A statistical method used for estimating the relationships among variables, often to predict the value of a dependent variable based on the values of one or more independent variables.

Linear Trend Line

A straight line that best represents the data on a scatter plot, showing the direction and rate of a variable's change over time.

Holiday Hours

The specific hours of operation for businesses or institutions during holiday periods, which may differ from regular hours.

Trend Analysis

The practice of collecting data and attempting to spot a pattern, often used in technical analysis to predict future movements based on past trends.