Base stock is the stock level needed to run production until each Friday of the week. True False QUESTION 18 The Delphi Method of forecasting is a consensus panel where experts work collaboratively to reach an agreement on the forecast. True False QUESTION 19 Which Supply Chain Innovation applied the Scientific Management element to production lines? Material Requirement Planning Ford Assembly Line Toyota Production System Taylorism Utilizing an A-B-C system, how would an item that has high demand, yet a low annual dollar amount probably be classified? A. B C None of these QUESTION 21 EOQ determines when and how much to order regardless of cost. True False QUESTION 22 S\&OP focuses on all these primary components EXCEPT: People Places Process Technology