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The lean manufacturing philosophy views inventory as an unnecessary waste of resources. Group of answer choices True False Long setups and large batch sizes result

The lean manufacturing philosophy views inventory as an unnecessary waste of resources. Group of answer choices True False

Long setups and large batch sizes result in smaller inventories and reduced lead times. Group of answer choices True False

In a push manufacturing system, production is based on estimated customer demand. Group of answer choices False True

In a pull manufacturing system, production is based on estimated customer demand. Group of answer choices True False

One inherent risk to using lean principles is that companies are at higher risk of inventory shortages during volatile times caused by strikes, adverse weather, etc., than when using traditional manufacturing principles FalseTrue

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