Question $6(1$ point$)$

One of the primary reasons for holding inventories is that it is safer and more convenient way to invest money, rather than holding liquid cash.

True

False

Question $7(1$ point$)$

Regarding the Eight Types of Waste that must be eliminated to implement lean systems, excessive movement and material handling of product between processes is part of which general waste category?

Transportation

Underutilization of Employees

Motion

Inappropriate Processing

Question $8(1$ point$)$

In manufacturing systems, one way to achieve continuous improvement can be to maintain low inventories, and periodically cut safety stocks almost to zero.

True

False