Line balancing applies only to line processes that do assembly work, or to work that can be bundled in many ways to create the jobs for each workstation in the line

Which of the following variables are probabilistic in an inventory model that requires simulation?

A) demand only B) lead time only C) holding cost only D) Both A and B E) A, B, and C

Which of the following statements are true about planner/buyers?

I. Planner/buyers handle more components than planners do. II. Planner/buyers issue material releases to suppliers. III. Planner/buyers establish supplier delivery priorities. IV. Planner/buyers negotiate prices with suppliers. A) II and III are true. B) II, III, and IV are true. C) III and IV are true. D) I, II, and III are true. E) I and II are true.