1. The order lot determined by fixed lot-size ordering MRP system is equal to the net requirements lot. True or False
2. As a production planning strategy, Chase strategy is matching the production rate to the order rate by change workforce size. True or False
3. Which of the following is NOT a characteristic of JIT production?
Right time
Large lot size
Right amount
Low or virtually no inventory
4. When product demand is unknown, backward scheduling is desirable. True or False