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:

Proportion

A mathematical concept that denotes a part, share, or number considered in comparative relation to a whole.

Dow Jones Industrial Index

A stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.

Currency Cross Rates

These are exchange rates between two currencies, neither of which is the domestic currency of the country where the quote is given.

CPI

The Consumer Price Index is a gauge that determines the composite weighted pricing of various consumer products and services, which encompass medical care, food, and transportation.