Q1) According to the P-K formula, the higher the utilization rate, the bigger is the inventory in queue because the utilization factor is larger.

A) True

B) False

Q2) If utilization rate rises, flow time will fall according to Littles Law.

A) True

B) False

Q3) If we purchase better equipment, utilization factor will rise. This will increase the number of units waiting in line.

Group of answer choices

A) True

B) False

Q4 ) The OM Triangle illustrates the trade-off between having inventory, capacity, and information.

A) True

B) False

Very brief expiation for each would be appreacited to back up answer.