Reference no: EM133327035

True/False

1. Since the Great Recession (December 2007 - June 2009), most organizations have sought to increase their inventories, in order to avoid costly stock-outs.

2. Because of the benefits and value that big data has brought to the world of supply networks, it is widely used on a large scale throughout the world today.

3. Throughput time is often used as a surrogate measurement of errors in a process.

4. Value stream mapping visually maps a product or service production path and identifies value-adding vs non-value adding activities.

5. One of the benefits of increased supply chain visibility is that is that in-transit inventory can be counted as on-hand.

6. Fewer and fewer suppliers and 3PLs are getting involved in inbound supply chain technology anymore, due to the high cost. Manual systems are much less expensive to maintain.

7. With regard to emissions trading, an offset is a reduction in emissions in one pollutant in order to compensate for, or to offset an emission made elsewhere.

8. A market-based emission reduction program such as the Kyoto Protocol, which is administered at the national or agency level is referred to as a "bottom-up" approach.

9. One of the key approaches to improving operational effectiveness is time compression.

10. A manufacturer of washing machines that delays installing the electrical cord until the country of final destination is determined, would be an example of postponement.