1. When the cashflow repeat itself then the annual equivalent worth over one cycle is the same for all repeating cycles
a. true
b. false
2. Profitability in industrial engineering focuses on
a. maximizing customers or users satisfaction
b. maximizing employee satisfaction
c. minimizing cost
d. maximising utilization of resources
3. As the fixed cost of facility increases, it becomes less desirable to have many local facilities
a. true
b. false