If a decision maker has to make a particular decision only once, expected monetary value is a good indication of the payoff associated with the decision

A successful GIMC program utilizes market segmentation adapted to countries and cultures

Indicate whether the statement is true or false

The 5Ss—sort/segregate, simplify/straighten, shine/sweep, standardize, and sustain/self-discipline—are important to lean production because they act as a means to reduce waste

Indicate whether the statement is true or false