Which of the Following Statements Is Not True

question 21

Multiple Choice

Which of the following statements is not true?

• A) An hour lost at a bottleneck is an hour lost forever.
• B) An hour lost at a non-bottleneck is just a mirage.
• C) Bottlenecks determine throughput and system inventory.
• D) The transfer batch does not have to equal the process batch.
• E) Lead times are predetermined.

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Definitions:

Output

The total amount of goods or services produced by a company or an economy.

Indifference Curves

A graph showing different bundles of goods between which a consumer is indifferent, reflecting the consumer's preferences.

Isoquants

Curves representing combinations of input factors that yield the same quantity of output, used to analyze production efficiency.

Numerical Labels

Represent identifiers in the form of numbers, used for categorization or sorting purposes.