1. An example of a "hidden" production function is money transfers at banks.

True                 False

2. Low-cost leadership is the ability to distinguish the offerings of the organization in any way that the customer perceives as adding value.

True                 False

3. Shortening the project's duration by deleting unnecessary activities is called "project crashing."

True                 False

4. The larger the number of periods in the simple moving average forecasting method, the greater the method's responsiveness to changes in demand.

True                 False